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'Denel is not captured by anyone' - board chair

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Cape Town – Denel is fighting a battle of perceptions created by fake news, its board chairperson Daniel Mantsha said on Wednesday.

Responding to questions from MPs who serve on the portfolio committee on public enterprises, Mantsha said he realises a perception has been created that Denel is captured because of its relationship with VR Laser. 

VR Laser has links with the Gupta family and President Jacob Zuma’s son Duduzane. VR Laser Asia - the company with which Denel wants to enter into a joint venture - on the other hand is linked to the Gupta family’s business associate Salim Essa. He is the sole shareholder of VR Laser Asia, as well as a director of VR Laser SA. 

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