FNB never met with ANC or the inter-ministerial commission over Gupta accounts
Absa has testified at the state capture commission in Parktown.
The bank was the first to cut ties with the Guptas.
It was also invited to meetings with the inter-ministerial committee but the bank declined to attend, saying it would not discuss client information.
First National Bank (FNB) testified first on Tuesday and stated how they questioned the basis of the meeting.
Johan Burger from FNB explained that there were a number of reasons why they decided to close the Gupta account.Gia Nicolaides, EWN Reporter
Reputational and business risk and suspicious transactions.Gia Nicolaides, EWN Reporter
They were then summoned by the ANC and the inter-ministerial committee to come and explain themselves. FNB never attended that meeting and shortly afterwards they got an invitation to attend a meeting with the inter-ministerial committee. Ultimately they declined that invitation.Gia Nicolaides, EWN Reporter
Listen to what else the commission heard from the banks...
Health Minister Zweli Mkhize announced on Friday that the cumulative number of confirmed COVID-19 cases in South Africa is 43,434.Read More
TimesLIVE has reported on the work of an academic who is encouraging municipalities to monitor groundwater close to cemeteries.Read More
Joanne Joseph spoke to the acclaimed HIV researcher about her work.Read More
Kings has been appointed the acting editor-in-chief for the Mail & Guardian.Read More
SHRC developmental, capable and ethical state division director Prof Narnia Bohler-Muller details the survey.Read More
Eyewitness News reporter Shamiela Fisher gives details into President Cyril Ramaphosa's visit to the province.Read More
The power utility's spokesperson Sikhonathi Mantshansha explains why the amount reached R5 billion.Read More
The Life Orientation teacher at Pinnacle College in Kyalami has apologised for her remarks to the learners.Read More
Fifth-year medical student Sibusiso Qongqo died in Havana on 29 April.Read More
Director Miranda Jordan expresses her frustration with the justice system.Read More