Trillian blocked probe on Nene removal warning - report

accreditation
Share your Subscriber Article
You have 5 articles to share every month. Send this story to a friend!
Former finance minister Nhlanhla Nene. (Bloomberg)
Former finance minister Nhlanhla Nene. (Bloomberg)

Johannesburg - Trillian Capital, the financial-services company linked to the Guptas, stonewalled an investigation into whether its management had advance warning about Nhlanhla Nene’s firing as finance minister in 2015, according to a report on the probe.

Trillian Capital refused access to electronic devices used by CEO Eric Wood, which could help either support or disprove allegations by a former senior employee that Wood told her Nene would be replaced more than a month before it happened, advocate Geoff Budlender said in the report, which was commissioned by outgoing Trillian chairperson Tokyo Sexwale. Wood has disputed the allegations and denied any wrongdoing.

“The conduct of Trillian management in this inquiry has left me with the impression that what it says cannot be trusted,” Budlender said in the report. “It is not possible to make a definitive finding of fact on the issue.”

Support independent journalism
Subscribe to News24 for just R75 per month to read all our investigative and in-depth journalism. You can cancel any time.
Subscribe
Already a subscriber? Sign in
Rand - Dollar
14.41
-0.2%
Rand - Pound
19.93
-0.2%
Rand - Euro
16.80
-0.3%
Rand - Aus dollar
10.83
-0.1%
Rand - Yen
0.13
-0.6%
Gold
1,785.46
+0.2%
Silver
24.35
+0.2%
Palladium
2,094.50
+1.4%
Platinum
1,060.00
+0.8%
Brent Crude
85.82
+0.9%
Top 40
60,348
0.0%
All Share
66,895
0.0%
Resource 10
63,203
0.0%
Industrial 25
85,486
0.0%
Financial 15
14,008
0.0%
All JSE data delayed by at least 15 minutes Iress logo
Company Snapshot
Voting Booth
Facebook is facing a fresh crisis after a former employee turned whistle-blower leaked internal company research . Do you still use Facebook?
Please select an option Oops! Something went wrong, please try again later.
Results
Yes, the benefits outweigh the risk for me
23% - 159 votes
No, I have deleted it
47% - 331 votes
Yes, but I am considering deleting it
30% - 207 votes
Vote