Cape Town – Former finance minister Pravin Gordhan led the charge against another state-owned entity when he grilled Denel on Wednesday, demanding an honest answer about the state arms manufacturer’s dealings with Gupta-linked VR Laser.
“South Africans are worried that there is a common pattern in the capture process [of state-owned entities],” Gordhan said.
“A new board comes in and excuses misconduct and suspends executives (three in this case). And then a particular number of deals continue. We’ve seen similar patterns here - persuade us you had no choice at all to enter into this deal.”