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Nxesi Urges Ramaphosa to Probe R5 Billion UIF Deal by Thuja Capital



Nxesi Urges Ramaphosa to Probe R5 Billion UIF Deal by Thuja Capital

Labour Minister Thulas Nxesi has officially requested President Cyril Ramaphosa to initiate a special investigation into the R5 billion deal between Thuja Capital and the Unemployment Insurance Fund (UIF). This revelation came to light during a media briefing in Pretoria, where Minister Nxesi addressed corruption allegations made by the CEO of Thuja Capital, Mthunzi Mdwaba. Mdwaba accused Nxesi and three other ministers of attempting to solicit a R500 million bribe, as reported by Eyewitness News.

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Minister Nxesi emphasised the need to scrutinise the deal’s legality and whether proper processes were followed before its signing. He vehemently denied the bribery allegations, asserting that such claims were detrimental to both his personal reputation and the country’s image. Nxesi highlighted the importance of maintaining the integrity of democracy and constitutional governance, emphasising the gravity of false accusations that suggest a deliberate conspiracy by Cabinet ministers against a viable job creation initiative.

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Photo: Facebook / @Eyewitness News

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