/Weekend Special: Former finance minister Des van Rooyen to testify at Zondo commission

Weekend Special: Former finance minister Des van Rooyen to testify at Zondo commission

Des van Rooyen will give evidence at the state capture commission. (Gallo Images)

Des van Rooyen will give evidence at the state capture commission. (Gallo Images)

  • Former finance minister Des van Rooyen will give evidence at the state capture commission of inquiry.
  • He will also cross-examine former Treasury director general Lungile Fuzile.
  • Van Rooyen was finance minister for four days in December 2015, before he was removed following public outrage and chaotic markets.   

Former finance minister Des van Rooyen will give evidence at the state capture commission of inquiry on Tuesday, and also cross-examine former National Treasury director general Lungile Fuzile.    

The hearings into allegations of state capture, corruption and fraud in the public sector are set to resume at 10:00. 

The commission will also hear evidence relating to ministerial appointments by Van Rooyen.

Van Rooyen was granted leave to cross-examine Fuzile by inquiry head Deputy Chief Justice Raymond Zondo last year.

Blunder

The largely unknown Van Rooyen burst onto the scene in December 2015 when he was appointed finance minister by then-president Jacob Zuma, following the shocking axing of Nhlanhla Nene.

He, however, only lasted four days in the position after his questionable appointment caused the rand to crash and reportedly lost South African economy an estimated R500-billion on the markets.

Zuma’s costly blunder angered South Africans who embarked on a nationwide #ZumaMustFall protest, calling for his resignation.

Following mounting public outrage, Zuma replaced Van Rooyen with Pravin Gordhan. Van Rooyen then became local government minister. 

News24 reported that, during his testimony in 2018, Fuzile said that Van Rooyen had arrived at the National Treasury with a “pre-appointed adviser” in Mohamed Bobat, who tried to give Treasury staff instructions.  

The commission also announced that in adherence with measures to limit the spread of Covid-19, strict social distancing protocols would be observed in the media gallery and that this would result in a very limited number of seats being available for members of the media.

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