Former President Jacob Zuma took out a loan with the now-defunct bank when he was first ordered to pay back money used for the extensive security upgrades at his Nkandla homestead.Those were the words chanted in Parliament after it was revealed that Nklandla had a "fire pool" among other upgrades.
A media frenzy followed Zuma in 2016 when he couldn't quite justify the improvements, including the R4 million refurbishment on his pool. There were plenty of explanations offered by his supporters but not enough to deter a ruling that he needed to pay back the money.But he started defaulting on his monthly installments to the bank in August 2018 - this was five months before the bank was put under curatorship.
The court granted the curator an order to recoup the money, even if it means attaching his moveable assets like cattle and furniture.
You cant Study a Default Court Ruling. It's the Law. Please stop Helping Politicians get away with Crime. You Must Report Facts... so Report what the LAW says... not what Criminals Say. Lets Dhebate
UBaba will take another loan...
It's a court order because he defaulted on his loan....what more is there to say
Can somebody tell me who the JGZ_Foundation is
Nothing to study. It orders Zuma to paybackthemoney
to study JGZ_Foundation
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Source: News24 - 🏆 4. / 80 Read more »