Nhlanhla Nene’s resignation is a blow to Parliament

6 February 2016

The resignation of former Minister of Finance, Nhlanhla Nene, after a long and distinguished career in the finance family is a blow to Parliament.

The former minister paid a high price for doing the right thing and speaking truth to power, and in the end sacrificed his seat because he was not prepared to sacrifice his integrity. 

We do not know why the former minister resigned but the suggestion that he would be appointed to the New Development Bank is increasingly looking like a blatant lie manufactured to explain away the catastrophic decision to fire him in 2015.

Whatever the case, President Jacob Zuma will be under massive pressure to explain why he fired the former minister during the State of the Nation Debate beginning on 11 February 2016 in Parliament.

Statement issued by David Maynier MP, DA Shadow Minister of Finance, 6 February 2016