{"id":116502,"date":"2016-03-13T08:17:31","date_gmt":"2016-03-13T06:17:31","guid":{"rendered":"http:\/\/businesstech.co.za\/news\/?p=116502"},"modified":"2016-03-13T08:58:11","modified_gmt":"2016-03-13T06:58:11","slug":"how-the-guptas-allegedy-planned-to-capture-treasury-report","status":"publish","type":"post","link":"https:\/\/businesstech.co.za\/news\/business\/116502\/how-the-guptas-allegedy-planned-to-capture-treasury-report\/","title":{"rendered":"How the Guptas allegedly planned to &#8216;capture&#8217; Treasury: report"},"content":{"rendered":"<p>A report in the Sunday Times has alleged that the politically connected Gupta family wanted to &#8220;capture&#8221; the Treasury by appointing a new head, and sacking as many as four employees who apposed the nuclear procurement programme.<\/p>\n<p>The Sunday Times reported that influential family &#8211; who have strong business links with president Jacob Zuma &#8211; allegedly met with deputy minister of finance, Mcebisi Jonas, to offer him then-finance minister Nhlanhla Nene&#8217;s job.<\/p>\n<p>The paper cited highly placed sources for its information.<\/p>\n<p>It said that Jonas met with the Guptas at a Sandton hotel on November, while he was also reportedly offered the post several days later, by ANC deputy secretary-general Jessie Duarte.<\/p>\n<p>Duarte denied the allegation, Treasury refused to comment, and the Guptas through an attorney said: &#8220;As we have said countless times, our primary focus is on business, not politics. To be absolutely clear: there was no meeting at all, let alone any inferences or cash offers.&#8221;<\/p>\n<p>Deputy minister Jonas turned the offers down, after it was alleged that it came with the following conditions:<\/p>\n<ul>\n<li>to push for the approval of the nuclear procurement programme; and<\/li>\n<li>clear certain employees from the top of the Treasury<\/li>\n<\/ul>\n<p>It is alleged that he was given a list of people to get rid of, including director-general Fuzile Lungisa, Ismail Momoniat, Andrew Donaldson and Kenneth Brown &#8211;\u00a0 the fiercest critics of the nuclear procurement programme.<\/p>\n<p>Firing them, sources said, would have allowed the family to &#8220;capture&#8221; the Treasury, as the four vacancies would have been filled by bureaucrats approved by the Guptas.<\/p>\n<p>Under Nene, the Treasury had opposed the construction of a proposed six to eight nuclear power stations, saying the project was unaffordable.<\/p>\n<p>The Guptas are reportedly trying to benefit from the project, which experts believe could cost R1 trillion, through their company Shiva Uranium.<\/p>\n<p>Last week, the Financial Times also reported that the Guptas met with Jonas to ask him if he wanted to become minister.<\/p>\n<p>The paper reported that Jonas turned down the offer, leading to president Zuma sacking then finance minister, Nhlanhla Nene, and replacing him with back-bencher, Des van Rooyen.<\/p>\n<p>\u201cThere have been an extraordinary number of allegations around the Gupta family in recent weeks, several of which have involved the finance ministry,\u201d a Gupta family spokesman told the FT. \u201cTo be absolutely clear: there was no meeting at all.\u201d<\/p>\n<p>The Treasury and Mr Jonas declined to comment, neither denying nor confirming the existence of the meeting, the paper said.<\/p>\n<p><em>The full article can be found in the Sunday Times 13 March edition.<\/em><\/p>\n<h3 class=\"my-4\">More on politics in SA<\/h3>\n<p><strong><a href=\"http:\/\/businesstech.co.za\/news\/business\/116058\/we-are-business-people-we-have-nothing-to-do-with-politics-guptas\/\">\u2018We are business people, we have nothing to do with politics\u2019: Guptas<\/a><\/strong><\/p>\n<p><strong><a href=\"http:\/\/businesstech.co.za\/news\/business\/115732\/zumas-son-gifted-shares-in-gupta-owned-company-report\/\" target=\"_blank\">Zuma\u2019s son gifted shares in Gupta owned company: report<\/a><\/strong><\/p>\n<p><strong><a title=\"Permalink to We aren\u2019t going anywhere: Guptas\" href=\"http:\/\/businesstech.co.za\/news\/general\/115518\/we-arent-going-anywhere-guptas\/\" rel=\"bookmark\">We aren\u2019t going anywhere: Guptas<\/a><\/strong><\/p>\n<p><strong><a title=\"Permalink to Eskom has \u201cnothing to hide\u201d in Gupta coal supply probe\" href=\"http:\/\/businesstech.co.za\/news\/general\/113668\/eskom-has-nothing-to-hide-in-gupta-coal-supply-probe\/\" rel=\"bookmark\">Eskom has \u201cnothing to hide\u201d in Gupta coal supply probe<\/a><\/strong><\/p>\n<p><strong><a title=\"Permalink to Gordhan joins growing revolt against the Guptas\" href=\"http:\/\/businesstech.co.za\/news\/government\/113528\/gordhan-joins-growing-revolt-against-the-guptas\/\" rel=\"bookmark\">Gordhan joins growing revolt against the Guptas<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>A report in the Sunday Times has alleged that the politically connected Gupta family wanted to &#8220;capture&#8221; the Treasury by appointing a new head, and sacking those who apposed the nuclear procurement programme.<\/p>\n","protected":false},"author":10,"featured_media":115414,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[9872],"tags":[26],"class_list":["post-116502","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business","tag-headline"],"_links":{"self":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/116502","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/users\/10"}],"replies":[{"embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/comments?post=116502"}],"version-history":[{"count":11,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/116502\/revisions"}],"predecessor-version":[{"id":116542,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/116502\/revisions\/116542"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/media\/115414"}],"wp:attachment":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/media?parent=116502"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/categories?post=116502"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/tags?post=116502"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}