FILES: Former South African President Jacob Zuma looks on during the 55th National Conference of the African National Congress at the National Recreation Center in Johannesburg on December 16, 2022.
The partial account freeze is likely to further taint the reputation of graft-accused Zuma, who has joined an opposition group seeking to cut into the vote share of his old home, the African National Congress . “This instruction from the court results from the process currently being managed by the VBS Bank liquidators, and FNB was legally required to comply. Former President Zuma’s recourse now lies with the courts and VBS liquidators,” it said.The dispute relates to a decade-old scandal over the improper use of public funds to refurbish Zuma’s massive Nkandla homestead in his home province of KwaZulu-Natal.
Source: Law Daily Report (lawdailyreport.net)
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