ANC says Zuma finances 'private' |
Publication |
News24 |
Date | 2012-12-07 |
Web Link | www.fin24.com |
Johannesburg - The ANC declined to
comment on a Mail & Guardian report on Friday
claiming President Jacob Zuma had more
benefactors than previously thought to cover his
debts and expenses.
"We can't comment on a private matter as an
organisation. It has
nothing to do with
anybody*1," spokesperson Keith Khoza
said.
The African National Congress would not discuss
the report with Zuma either, on the grounds that
his finances were private.
"We cannot dignify irresponsible reporting by
the Mail & Guardian; this has got nothing to do
with the public office and the office of the
president."
The Young Communist League of SA (YCLSA) said
the story was "repackaged*2
" gossip, using old tricks intended to discredit
Zuma ahead of the party's 53rd national
conference in Mangaung, where the party's top
leadership will be elected.
Mangaung written all over it
"The story has
nothing [but] Mangaung written all over it,
and takes us back five years ago where the media
was used to try and dissuade delegates from
pushing ahead with the election of the President
Jacob Zuma," said Mawethu Rune, YCLSA deputy
national chair.
The information in
the report was not tested*3 either,
denying Zuma the right to reply, it said.
The YCLSA believed that "the more the slander
targeted at victimising President Zuma, the
better he stands to be re-elected".
According to the 500-page KPMG report, a 2006
forensic probe into Zuma's finances revealed
that former president Nelson Mandela gave him
R1m to help settle his debts.
According to the report, Mandela came to Zuma's
rescue in June 2005, a few days after he was
fired as deputy president and after the National
Prosecuting Authority announced it would charge
Zuma with corruption relating to alleged bribes
from French arms company Thales.
A total of 783 payments were made to Zuma by his
corruption-convicted, former financial adviser
Schabir Shaik, amounting to more than R4m.
Benefited
Zuma benefited from several businessmen,
including his nephew Khulubuse Zuma, and Durban
businessman Vivian Reddy.
According to the report large commercial banks
"bent over backwards" to accommodate Zuma
because of his political position, writing off
his bad debts.
Nelson Mandela Centre of Memory spokesperson
Sello Hatang said he was not in a position to
comment on Friday as he did not have the
information contained in the KPMG report.
Comment from presidency spokesperson Mac Maharaj
could not immediately be obtained as he was out
of the country with Zuma, who was on a working
visit to Tanzania. An official in the presidency
said only Maharaj could comment.
Mail & Guardian editor Nic Dawes said the paper
ran the story without seeking comment first from
Zuma or others named in it, contrary to their
right of reply practice. This was because the
risk of being prevented from publishing it "was
real".
Full story?
The Democratic Alliance said Zuma had to
take a leave of absence until his name had been
cleared.
"The full story will come out eventually, but
until then President Zuma must take a leave of
absence from his office until these allegations
have been proved or discounted," said Democratic
Alliance MP James Selfe, who is also chairman of
the DA federal executive.
The KPMG report was prepared ahead of Zuma's
high court appearance on corruption charges in
2006. It was however not used once the charges
were dropped, after the NPA said it had found
evidence of interference in the investigation.
The DA was trying through the courts to get the
tapes which formed the basis for the decision to
have the corruption charges dropped, and the
record of the decision.
The Christian Democratic Party's Reverend
Theunis Botha said Zuma could no longer be
considered a suitable candidate for president,
called for him to step down, and for a caretaker
president to be appointed until the controversy
around the funding of his home in Nkandla was
resolved.
Related Links
With acknowledgement to Reuters and News24.
*1
Over R100 000, it's the High Court.
Over R500 000, it's fifteen years in the
slammer, ten minste.
It's the slammer.
Sloosh.
And 20 years, ten minste, blacklisting for this
odoriferous French scumtoad.
*2
This is the real thing.
A forensic report carried out over a period of
about 6 years by a team of about 12
professionals, including two chartered
accountants representing an accredited
international accounting and auditing firm.
The KPMG investigation cost the taxpayer over R9
million (in 2002 to 2006 Rands); about R4,5
million for the Shaik leg and about the same
again for the Zuma/Thints leg.
That's about R20 million in 2012 Rands.
*3
A senior judge, a senior magistrate and a senior
counsel.
Does one get better than that?
Mr J.G. Zuma and Mr P.R.J-M. Moynot should have
been appearing alongside Mr S. Shaik before Mr
Justice Hilary Squires, Mr J.I. Jacobsz and Mr
A.B. Mohamed SC way back in 2005.
Come on Ms Acting NDPP and your our NPA,
you can do it again in 2013.
Rise up.