Five months after VBS Mutual Bank was put under curatorship and about as many months since Jacob Zuma stepped down as president of South Africa – in August 2018 – the former president started defaulting on his monthly instalments owed to the bank for the cost of extensive upgrades at Nkandla.
On Tuesday, the High Court in Pietermaritzburg granted VBS curator Anoosh Rooplal an order forcing Zuma to pay back state money splurged in 2011 on Nkandla upgrades. The land on which Nkandla is built, Nxamalala Farm, cannot be attached because it is owned by the Ingonyama Trust.
PaulivW We understand all whites media news are happy
PaulivW Move quickly courts. There are lots of entities, let alone the people of South Africa that want to seize his assets and recover as much as possible from what Zuma stole. R40m to sign-off a tender is just a tiny morsel of what he stole
PaulivW Like the banks do with us ordinary humble citizens. Jakob is obviously wellcome to pay his dues to maintain that tart of a tenant he keeps’ roof overhead. These Zumas pilfered the fire out of that firepool, so I wonder what VBS will get, considering the land is the King’s 🤔
PaulivW TREASON
PaulivW
PaulivW This rubbish must never die. He must just rot forever.
PaulivW Who is laughing now..
PaulivW Butternut gaan kak
PaulivW This rubbish must never die. He must just rot.
PaulivW Does that include Nkandla? It would make a nice community centre (swimming pool), clinic and library.
PaulivW This will end in tears
PaulivW Pauli is back 😂😂
PaulivW When days are dark, friends are few. Where’s Vivian Reddy in Jacob’s hour of need?
PaulivW Best news ever! 🙌 🙏
PaulivW NPA's Asset Forfeiture Unit, please....
PaulivW
PaulivW
PaulivW Hehehe 😃 😀 😄 😁
PaulivW Attach Nkandla
PaulivW let’s see how Jimmy tries to spin this one 🤪
Law Law Latest News, Law Law Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Source: dailymaverick - 🏆 3. / 84 Read more »
Source: dailymaverick - 🏆 3. / 84 Read more »
Bank gets judgment against Zuma for R6.5m he owes for Nkandla upgradesThe Pietermaritzburg high court on Tuesday granted VBS Mutual Bank curator Anoosh Rooplal an order forcing former president Jacob Zuma to pay back taxpayers' money that was spent on upgrades to his homestead in Nkandla. Payback the money Please attach everything in this picture to recover that R6m Take even the pavement blocks and suck out the water from that algae infected pool. Take his TVs, cellphones, laptops, chairs, bewitched beds, goats & cows. We want him to take out from those R4.5m stolen by Mahlobo It was not wise for Zuma to agree in paying for the upgrades he said he didn't ask.
Source: TimesLIVE - 🏆 28. / 59 Read more »
Bank gets judgment against Zuma for R6.5m he owes for Nkandla upgradesThe Pietermaritzburg high court on Tuesday granted VBS Mutual Bank curator Anoosh Rooplal an order forcing former president Jacob Zuma to pay back taxpayers' money that was spent on upgrades to his homestead in Nkandla. Sequestration is the solution here 🤣🤣🤣🤣🤣 Credo Mutwa said that Jacob Zuma will be the last black President of South Africa. How do Mzansi people interpret this prophecy? Now who does Ramaphosa represent? I'm really grateful for all the efforts you have render to me with my little investment of R4000 and with joy over me after withdrawing R50,000 with your help Lisa_berry7 thank you for everything you have done for me and my family Lisa_berry7
Source: TimesLIVE - 🏆 28. / 59 Read more »