Anisha Gordhan received no direct payments as non-executive director of Investec
Investec has confirmed that the daughter of public enterprises minister Pravin Gordhan did not receive any irregular payments when she worked for them.
The company released a statement following claims by the Economic Freedom Fighters (EFF) that Anisha had benefited from "government tenders for consulting and advisory services".
The company said that Anisha was employed in its private equity business from 2007 until the business was incorporated into Investec Equity Partners (IEP) in January 2016.
She was an employee of IEP until she left in 2017.
"As an employee of the companies, she was appointed to the board of directors of various entities in which they had equity interests to manage and oversee the respective investments.
"Ms Gordhan was a non-executive director and not a direct shareholder in these entities, which gave her no direct remuneration or payment," Investec said.
On Wednesday in his closing address at the state capture commission, Gordhan dismissed claims by EFF leaders that his daughter was a beneficiary of state contracts.
He said it was not true that his daughter held directorships or private shares in the entities listed by the EFF.
"It's not her money. Their job is to look after the money of the bank and the investors," he said.
Gordhan said Anisha did not benefit financially from or own any shares in the businesses directly.
He said any financial compensation gained went to the bank and other investors, as well as to employees of these companies. He said it was a lie that Anisha used their relationship to get access to government tenders.
"The allegation of using the relationship with myself to get access to government tenders to benefit these companies is a blatant lie. These dangerous and unfounded allegations have been made to intimidate and harass my family and myself," he said.
Public enterprises minister Pravin Gordhan concluded his testimony at the state capture commission on November 21 2018.