Ricochet News

Nkandla scandal concludes as Zuma pays back the money

Sep 12, 2016
Nkandla scandal concludes as Zuma pays back the money

After years of squabbles, the Nkandla debacle may finally be over after President Jacob Zuma paid over the amount of R7 814 155 to the South African Reserve Bank as ordered by the Constitutional Court of South Africa in respect of his private homestead at Nkandla.

"The President raised the amount through a home loan obtained from VBS Mutual Bank on its standard terms, one of the few financial institutions which offer home loans in respect of land owned by traditional authorities," the Presidency said in a statement.

After the Constitutional Court in March ordered the President to pay back money spent to upgrade his private home in Nkandla, KwaZulu-Natal province, National Treasury recommended that he pays R7.81 million.

This is for non-security-related features, including a swimming pool, amphitheatre, a chicken run and cattle enclosure.

The ConCourt ruled that Zuma had violated the Constitution by not abiding by a graft ombudsman resolution that he should pay some of the more than R200-million spent on the residence.

The Nkandla issue had over the years become a rallying cry for the opposition parties - especially the Economic Freedom Fighters (EFF), and became the prime symbol of the President's alleged corruption and misrule.


The Democratic Alliance (DA) on Monday said it welcomed the announcement by National Treasury that President Jacob Zuma has paid back R7.8 million "for his liability for the taxpayer-funded upgrades at his private Nkandla residence, but we maintain that this is only the tip of the iceberg in this corruption-plagued saga".