Released bank statement shows that President Jacob Zuma and his daughter Duduzile received payments amounting to R1.6-million from AUFS boss – a politically connected Zambian businessman based in South Africa.
Reports over the weekend say the business mogul, James Ndambo who is the owner of African Union Financial Services, (AUFS) made payments into accounts linked to Zuma and his daughter between 2009 and 2011.
AUFS bank statement proved a R300,000 payment on March 29, 2011, with a reference “Jacob Zuma Fo”, while Duduzile received more than R1.3-million in payments ranging from R20,000 to R689,125 between 2009 and 2011.
Details of the payments was made public at the time the AUFS’s creditors encountered a liquidation process which included the company’s former director, Chris Makhele, Absa and others in May 2014.
Jacob Zuma’s spokesperson Bongani Ngqulunga denied that any payment of such was made into the president’s account
“Mr. Ndambo has never deposited money into President Zuma’s personal account. The president has no personal relationship with him at all. He doesn’t even know this person or that money,” he said, adding he would enquire with the Jacob G Zuma Foundation. It is not known if any further deposits were made after 2011.
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