Nene Speaks On Why He Must Resign As ANC MP


The ex finance minister Nhlanhla Nene has officially resigned from being the ANC’s member of the parliament. Nene was said to have resigned last year December but it was until January that his resignation papers were processed.

Speaking on why he had to leave, Nene said it was proper for him to leave as he has been removed from office. “In line with my removal and being nominated for the Brics bank position, I felt it would be the proper thing to do.”

Also See: Zuma Lied About Making Nene Head Of The Brics Bank

Report from City press has it that the Mandlakazi Sigcawu, who is the spokesperson of the Speaker of the National Assembly confirmed the resignation of the ex-minister saying “I can confirm Minister Nene handed in his resignation in December 2015 and it was processed in January 2016”.

Nene also confirmed his resignation by saying “Yes, I resigned last year.” Nene would have been a backbencher if he had not resigned as he has been removed from Zuma’s Cabinet. Members of the National Assembly resign to the Speaker of the National Assembly.

Nene was made an ANC MP in 1999 following the party ranking. He was first the chirperson of the the finance committee between 2002 and 2008 from there he was made the deputy finance minister (2009 to 2014) and later, he was appointed finance minister in May 2014 which he served for 18 months before he was finally removed by President Jacob Zuma.

Nene’s removal was controversial especially as a number of people point to it as the root cause of the falling rand as well as the economy.

At the time of his removal, the president claimed he (Nene) had been put forward to head the African Regional Centre of the New Development Bank/Brics bank which will be based in Johannesburg. But months after his removal, the ex finance minister said he is yet to receive any formal offer 

Nene has been replaced by David van Rooyen, who was put in the seat for four days and was replaced by Pravin Gordhan as he looks forward to taking up the position for which he was nominated.

Also See: Zuma Says “Vote For Another Party And You Waste your Vote

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