VBS liquidators gunning for Zuma

VBS liquidators gunning for Zuma

11.9.2019

VBS liquidators gunning for Zuma

The former president is now forced to settle a R7-million loan from VBS or have liquidators attach his home.

"The liquidator does have a bond over the property. It's not entirely clear to me how that is legally possible because the property belongs to Ingonyama trust and Mr Zuma is a beneficiary of permission to occupy the property. S

Watch the full interview with Accountability Now's Paul Hoffman above.

Read more: eNCA

Jacob Zuma must cough up R7.3m or lose Nkandla homeCourt papers show that as of August 2018 the former president was in arrears with his monthly repayments by almost R110,000

Jacob Zuma must cough up R7.3m or lose Nkandla homeCourt papers show that as of August 2018 the former president was in arrears with his monthly repayments by almost R110,000

JZ hasn’t paid back the money – and now VBS wants NkandlaIn September 2016, former president Jacob Zuma signed a multimillion-rand loan agreement with VBS Mutual Bank to cover the court-enforced repayments for upgrades to his Nkandla homestead.

EFF leader Julius Malema used VBS-linked loot to splurge on 'big-ticket' purchases - reportEFF leader Julius Malema benefited, in part, from the R16.1m which flowed from VBS Mutual Bank to the party's leadership, Daily Maverick has reported.

ANC branches demand resolution for VBS-accusedThe branches demanded that the ANC either reinstate them or begin the process of disciplinary hearings.

ANC Limpopo branches want members removed over VBS report reinstated | The StarANC members from Peter Mokaba Region in Limpopo on Monday called for the reinstatement of two members implicated in the VBS report.

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