It is not only the arrears of the Nkandla bond that make Zuma a defaulter, but also the fact that his children’s unpaid school fees earns him the title.
The liquidators of the bankrupt declared VBS Bank now hope to get their money by auctioning the Nkandla unit, but it is still a lengthy process before it is going to happen.
Political analysts say Zuma has the ability to postpone all actions and court cases against him with reasons that are sometimes somewhat laughable.
Whether the former ANC leader has no money and whether he is merely a defaulter remains an unanswered question, because to date one of his children’s school fees is also overdue.
A high school near Durban has now issued an order against Zuma and his fourth wife, one Nompumelelo Ntuli, 44, for unpaid school fees amounting to R12,517-00.
Reona Ramnarain, of the Bentley Attorneys, confirmed that the bill was unpaid, but the school’s name was not disclosed for some reasons.