Natasha Marrian Deputy editor: Financial Mail

Co-operative governance minister Zweli Mkhize has once again been drawn into allegations of corruption in the Public Investment Corporation (PIC), but has denied the claims, saying he is willing to give his side of the story to an inquiry into the asset manager if asked to do so. The entire nonexecutive board resigned last week, including deputy finance minister Mondli Gungubele, after allegations of corruption against four directors. The nine members said yesterday that they would stay on until finance minister Tito Mboweni appoints a new board. Mkhize has been touted as a contender for a key cabinet post, possibly in the finance cluster. He has been accused in various media reports of getting kickbacks to arrange deals with the PIC, dating back to his time as treasurer-general of the ANC, with the latest report in the City Press accusing him of being a “fixer” for Israeli-based company Tahal. Mkhize told the Business Day it was not unusual for companies to sponsor trips during his...

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