Jacob Zuma must pay back the money


- sowetanlive.co.za | 2 months ago

The VBS-Nkandla loan saga is refusing to die and the matter resurfaced yesterday.

After the now-defunct VBS Mutual Bank granted former president Jacob Zuma a whopping R7. 3m loan to pay back some of the taxpayers used for non-security upgrades at his Nkandla homestead.

The curators of the liquidated bank now rightfully want him to pay back the borrowed money after he fell into arrears with his repayments.

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