Posts tagged with 'Zuma'

 

Pay back the money Zuma! – Nkandla in VBS liquidators’ vision – cough up R7m or lose Nkandla

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The ANC’s Jacob Zuma is in a big financial crisis with his multi-million Rand loan he received from bankrupt VBS Mutual Bank and now has to pay back the money.

Along with that, there are the million Rand court costs to be paid while more court cases are being filed in an effort to be cleared of the debt.

The amount of more than R7 million borrowed from VBS can be claimed any day, and then Nkandla can be compromised.

Although the Nkandla complex was but controversially erected with the largest share of the cost financed from the state coffers, it is doubted how much the real value of the property is being erected in a strange rural area.

Meanwhile, it has been reported that Zuma is also still a full year in arrears with the payment of his loan.

According to News24, VBS Mutual Bank’s liquidator, Anoosh Rooplal, has filed an application with the Pietermaritzburg High Court for an order that will force Zuma to pay, or an order that the property may be confis
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President in absentia: More than 30! That’s how many times Zuma failed to answer questions at state capture inquiry

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How many times did former president Jacob Zuma respond to questions at the state capture inquiry with “I don’t know”, “I don’t remember” or “I’m not sure”? We counted. During his testimony from Monday to Wednesday last week, he denied knowing the answers to 36 questions.

Last week, the former president dominated news headlines when he appeared before deputy chief justice Raymond Zondo at the commission in Johannesburg. He was expected to, among other things, respond to allegations levelled against him by nine witnesses, including former public enterprises minister Barbara Hogan and former GCIS CEO Themba Maseko.

He quickly earned himself the name “president in absentia” for not being able to answer questions put to him by evidence leader Paul Pretorius and Judge Zondo.

Jacob Zuma spent his second day before deputy chief justice Raymond Zondo at the commission of inquiry into state
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Economist says Zuma government cost taxpayers about R470bn – What a waste of good money!

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Nedbank chief economist Dennis Dykes says the Zuma regime has cost South Africa R470bn.

Dennis Dykes says they have done a thorough calculation that is South Africa’s loss due to corruption, maladministration and distorted policies in Jacob Zuma’s second term.

He says there was an estimated loss of R140bn due to taxes lost and now having an impact on the economy.

He also points out that government debt would also have been 49% less, amounting to R250 billion.

The amount lost in the latter half of Zuma’s regime is greater than Eskom’s total debt burden.

In response to the interview that appeared in Business Day, a businessman from Pretoria was merely saying, “Zuma, you bastard.”

Read the original article in Afrikaans on Die Vryburger
This report does not necessarily reflects the opinion of SA-news.

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It pays to be the son of the most corrupt president SA ever had – NPA to ‘drop’ corruption charges against Duduzane Zuma

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The National Prosecuting Authority (NPA) is expected to provisionally withdraw corruption charges against former president Jacob Zuma’s son Duduzane in the Specialised Commercial Crimes Court on Thursday.

Duduzane Zuma’s lawyers have declined to comment until the court process is finalised on Thursday morning. NPA spokesperson Phindi Mjonondwane Aldo said the state would comment only after Thursday’s court proceedings. Business Day understands that the NPA sent a letter to Duduzane Zuma’s lawyers on Tuesday, notifying them of the provisional withdrawal of the charges.

The exact reason for that withdrawal is not known at this time, but follows the NPA’s decision to provisionally withdraw charges against Gupta family members and associates late in 2018, in connection with the alleged Estina Dairy Project scam.

Duduzane Zuma was charged in July 2018 with corruption, alternatively conspiracy to commit corruption, relating to an alleged R60
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The possible syphoning off of public funds for the benefit of the ANC exposed: How Zuma friends tried to steal R45m to buy ANC votes

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Jacob Zuma was successfully ousted as president just over a year ago, but his legacy of corruption has a long tail. As Marianne Thamm reports for the Daily Maverick, individuals close to Zuma appear to have been involved in an elaborate plan to siphon R45m through the police service to buy votes.

The plot centres around a police contract allegedly irregularly awarded – and at an inflated price. The Independent Police Investigative Directorate (IPID) believes money was to be laundered for the purchasing of votes at the ANC’s national conference in December 2017. The scandal emerged in court papers.

While the ruling party, now led by President Cyril Ramaphosa, gears up for its week of annual January 8 celebrations, culminating on Saturday 12 January at the Moses Mabhida Stadium in Durban, the cosmic debris from its life-or-death 54th elective conference in 2017 keeps pockmarking the political landscape.

Behind the scenes, the Independent Poli
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Is anyone actually surprised that former president Jacob Zuma is implicated by Angelo Agrizzi in Bosasa’s nest of corruption and where he allegedly received R300 000 per month in bribery money

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Former head of Bosasa, Angelo Agrizzi, announced in his testimony before the Commission on State Enquiry that Jacob Zuma had received thousands of rand from the organization every month.

He said Bosasa paid Jacob Zuma R300 000 a month and he was “on the payroll” of the company.

Allegedly, one has seen what was recorded in the statements by Angelo Agrizzi, and that Gavin Watson apparently made payments to Zuma regularly not to disclose his actions.

Political analysts say it will take Cyril Ramaphosa very long to curb all the corruption, while others think it will rather increase in monetary value as well as in the number of cases.

Angelo Agrizzi also reported that there were other people who shared in the additional income, and referred to two people who each received R100,000 to keep silent.

Read the original article in Afrikaans on Die Vryburger
This report does not necessarily reflects the opinion of SA-news

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So Zuma is living a lavish life on  taxpayers’ hard-earned money! – Taxpayers have to fork out nearly R1m for Zuma’s air transport and cell phone account since he was removed from office as SA’s president

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Taxpayers have forked out just under R1m for former president Jacob Zuma, his spouses and support staff’s transport and phone bills in the first nine months of his departure from office.

President Cyril Ramaphosa revealed in a response to a parliamentary question published on Thursday that the state paid R150,668.38 for Zuma’s flights between February 14, the day he left office, and November 30.

A further R837,444.41 was spent on flying expenses, as well as cellphone, accommodation and car rental expenses for Zuma, his spouses and two support staff members during the period.

Ramaphosa was responding to a written question by DA chief whip John Steenhuisen who wanted to know about the costs incurred by the state on Zuma’s trips and all related expenses for the former president.

Steenhuisen also wanted information about the purpose of each trip undertaken, to which Ramaphosa said: “Former president Zuma no longer hold
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President of the rainbow nation looks like he is scared of Natal and has canceled planned visits due to tension in some ranks

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Ramaphosa canceled his planned visit to Pietermaritzburg due to dormant tension in some ranks.

Members of Natal’s executive council state that there is a likelihood that tension between ANC members in the area may worsen and degenerate into chaos.

It would apparently be an “embarrassment” for the president of the country. Tension between Zuma supporters and Ramaphosa supporters has been dormant for some time now and has now become more evident with the controversial and bankrupt ANC Youth League who have announced their support for Jacob Zuma.

Read the original article in Afrikaans on Die Vryburger
This report does not necessarily reflects the opinion of SA-news.

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Sly criminals pocketed money donations for Jacob Zuma’s legal costs in lawless stunt

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Blacks who are sly criminals are collecting money to help pay the legal costs of Jacob Zuma, but are make sure that they put the donations into their own pockets.

The crooks are not only based in Natal where they cheat uninformed people with the stunt, because the same trick has also been observed in Central Transvaal.

The ANC spokesmen say they will not discourage anyone who wants to help Zuma to blame for the debt, but the party distances him from any involvement in the relationship.

Financial experts doubt whether Zuma has the assets to pay about R16m of legal costs, and may be declared bankrupt in order to get rid of the debt burden.

Meanwhile, the communist SACP has seriously blamed its partner, the ANC, that they have called for Zuma to help make donations for his debt.

This report does not necessarily reflects the opinion of SA-news.
Read the original article in Afrikaans on Die Vryburger

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A black artist causes chaos with “blame it on the boers” piece [graphic content]

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Ayanda Mabulu has taken some artistic liberties once again. After grossly depicting Zuma and Mandela, he’s changed tact with “blame it on the boer”.

Arguably the most controversial artist in South Africa – famous for depicting politicians in crude, graphic detail alongside swastikas – could be in hot water.

He unveiled his latest work “blame it on the boers” outside of the Johannesburg Stock Exchange this week.

Along with a row of pig’s heads and his trusty gun-with-a-paintbrush, Mabulu’s art caused scenes of chaos. He was ordered to remove the installation and warned not to return to the location or he could face arrest.

Authorities say the artist was not detained, but only cautioned for his behaviour. Anyway, we know details are great and all… But you want to see what exactly was on this painting, don’t you? It’s at this point we’d like to advise sensitive viewers to divert their attention elsewhere
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