Ex-Denel CEO was axed for refusing to 'cooperate' with Guptas, Zondo hears | IOL News

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Ex-Denel CEO was axed for refusing to 'cooperate' with Guptas, Zondo hears

Johannesburg - The former CEO of Denel Riaz Saloojee has told the Zondo commission that he was fired over his refusal to cooperate with the Guptas and their desire to capture Denel. Former public enterprises minister Lynne Brown appointed a new board for arms manufacturer Denel in July 2015, she kept just one member of the old board. The complete overhaul of the old board, which had done well, was a shock to many.

When they returned, Saloojee said he along with company secretary Elizabeth Africa and chief financial officer Fikile Mlhontlo were asked to give reasons within 24 hours why they should not be suspended in relation to the LSS deal. In the second meeting, he met Duduzane Zuma. In the third meeting, Tony Gupta told him that they were interested in doing business with Denel and he was told that Essa would be their representative on the matter.

Saloojee told Essa and Tony that if they were interested in doing business with Denel it would have to be done through proper processes. Saloojee said he was upset by this request and told Ntshepe to tell Essa that he would not give approval to such a deal.

 

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