Pahad breaks business ties with Guptas - report

2011-08-06 22:34

Johannesburg - Former minister in the presidency Essop Pahad has broken all business ties with the Gupta family, the Sunday Times reported.

Pahad, who was a director of TNA Media owned by the Guptas, said he resigned "one or two weeks ago".

"It had nothing to do with any break-up. We're still friends," Pahad said.

"I discussed it with them that I really didn't have the time and, [because of] my age, I would not be able to fulfil my responsibilities as a director."

Pahad said he had given Atul Gupta his resignation.

The Guptas were not happy and asked him to stay on, he said.

- SAPA