Former SA President Zuma ordered to repay state funds

The High Court in Pretoria on Wednesday ordered former South African President Jacob Zuma to repay over R28,9 million (about US$1,66 million) in public money spent on his private legal battles.

The interest is on R18,9 million, running from January 25, 2024 to the date of payment.

Judge Anthony Millar ordered Zuma to make this payment to the state attorney — R28 960 774,34 — as well as pay interest as calculated at the prescribed rate.

It was also ordered that in the event that Zuma fails to satisfy the judgment debt in this matter within 60 days of the date of the court’s order, the state attorney is directed to have a writ of execution issued by the registrar of this court for the attachment and sale of his immovable and/or movable properties to satisfy the judgment debt.

This includes his presidential pension benefit, or portion thereof, if required and subject to an order of court authorising that such attachment order can be issued.

Judge Millar also ordered that the state attorney must report on affidavit to the court within three months of the date of the order and thereafter every three months until Zuma’s debt is paid. — RT

Related Posts

NEW: National Railways of Zimbabwe to commission three locomotives and 100 wagons

Freeman Razemba Senior Reporter THE National Railways of Zimbabwe (NRZ) is today set to commission three locomotive and 100 wagons that were recently refurbished after the State-owned enterprise received a…

NEW: Zimbabwe moves to unlock nuclear power potential

Ivan Zhakata ZIMBABWE is currently exploring advanced nuclear technologies, particularly Small Modular Reactors (SMRs), which are nuclear fission reactors that typically produce less that 300 megawatts (MW), to secure a…

Leave a Reply

Your email address will not be published. Required fields are marked *