ANC economic policy head Enoch Godongwana. Picture: SUNDAY TIMES
ANC economic policy head Enoch Godongwana. Picture: SUNDAY TIMES

Enoch Godongwana, the chair of the ANC’s sub-committee on economic transformation has been appointed as a non-executive director of the board of the Development Bank of SA (DBSA), a Cabinet statement said on Thursday.

The bank provides developmental infrastructure funding in SA and the rest of the Africa.

Bongiwe Kunene was also appointed to the board. The Cabinet also announced the re-appointment of Malijeng Theresa Ngqaleni and Martie Jacoba Janse van Rensburg as non-executive directors. 

Godongwana was deputy public enterprises minister from 2009 to 2010 and deputy economic development minister from November 2010 to 2012.

DA finance spokesperson Alf Lees slammed the Cabinet decision to appoint Godongwana saying it was “a huge blow to the impartiality of the bank that a deployed cadre of the ANC is now on the board”.

He said the decision shows that the ANC continues to be a vehicle for corruption, nepotism and cadre deployment.

“A key element that enabled state capture was the appointment of ANC cadres to the boards of state-owned entities (SOEs). It would seem this is exactly the way that Godongwana, the head of ANC economic policy, has now been appointed onto the board of the DBSA.”

According to evidence presented at the Zondo commission of inquiry into state capture, Godongwana, along with then ANC secretary-general Gwede Mantashe and deputy secretary-general Jessie Duarte met with Standard Bank and Absa to discuss the closure of Gupta bank accounts following reports of “suspicious transactions”.

The evidence was presented by Standard Bank’s head of compliance Ian Sinton. Godongwana has said he wants to appear before the commission to give his side of the story.

ensorl@businesslive.co.za