Now that President Jacob Zuma has paid for upgrades of KwaZulu-Natal Nkandla Homestead; the Economic Freedom Fighters (EFF) says it will seek legal advice on whether Zuma should be criminally charged or not.
Speaking via a statement; the opposition party that Zuma’s decision to repay the R7.8 million for non-security upgrades at the Nkandla homestead speaks volume; and showed that he erred by unduly benefiting from the upgrades.
The EFF disclosed that it decided to take the move in order “to prevent a possible situation where monies are illegally moved in protection of one individual; whom the Constitutional Court said should be individually and personally liable for the non security upgrades”
In addition, the party said it will also request the National Prosecutions Authority and Special Investigations Unit to carry out a thorough investigation on how some suppliers; who worked in Nkandla were overpaid during the construction of the homestead.
VBS Mutual Bank’s Loan Rescued Zuma From His KwaZulu-Natal Nkandla Homestead Upgrades Saga
More so, it promised to seek clarity on the principle that prompted a Vhembe mutual bank (VBS Mutual Bank); to grant a loan to President Zuma instead of ordinary South African citizens. VBS Mutual Bank is one of the few financial institutions which offer home loans in respect of land owned by traditional authorities.
The presidency confirmed on Monday; that President Zuma financed the repayment of the State R7.8 million for luxuries added to his private home at Nkandla in KwaZuluNatal; through a home loan obtained from VBS Mutual Bank on its standard terms.
The payment was made a day before Zuma is due to appear in the National Assembly in a question and answer session MPs. Prior to the payment; the EFF had routinely prevented him from speaking in Parliament with heckling that he “pay back the money”.
Nkandla debacle is one of the longest-running scandal of Zuma’s presidency. Although; the money has been paid, DA leader, Mmusi Maimane argued that the amount Zuma refunded was a ‘tip of the iceberg’; in terms of money lavished on his KwaZulu-Natal Nkandla homestead. He called on Zuma to present proof that he refunded the bill through a bank loan.