Public Protector to investigate finance minister -opposition party

South Africa‘s top anti-graft agency will investigate Finance Minister Nhlanhla Nene for possibly breaching the executive code of ethics when he was deputy minister, the official opposition Democratic Alliance (DA) said on Tuesday.

The Public Protector will investigate a complaint by the DA that centres around allegations over an investment by the state pension fund, the Public Investment Corporation, into a Mozambican refinery project that may have benefited Nene’s son.

“The DA’s complaint against Nene will be investigated,” said Oupa Segalwe, acting spokesman at Public Protector, South Africa‘s constitutionally-mandated anti-graft watchdog. 

Source: moneyweb.co.za