Nene previously said he had not had any meetings with the Guptas‚ but told the Zondo Commission of Inquiry investigating state capture that he had several meetings with them when he served as deputy minister and‚ later‚ as finance minister.
The Sunday Times reported that when Nene was reappointed to the Cabinet in February this year‚ he did not disclose to President Cyril Ramaphosa that he had had seven meetings with the Guptas during his previous Cabinet stint.
Nene submitted his resignation to Ramaphosa subsequent to the public outcry over his credibility.
“I take this opportunity to thank you for the working relationship we have had during my tenure as a member of Parliament. I am also indebted to the ANC and the people of South Africa for having given me the opportunity to serve our country in my capacity as an elected representative‚” Nene said in his resignation letter to the ANC chief whip.
Mthembu further congratulated newly appointed minister of finance Tito Mboweni and said he looked forward to him delivering the Medium Term Budget Policy Statement in Parliament next Wednesday.