Home News Zuma denies report he hid Gaddafi’s $30m in South African home |

Zuma denies report he hid Gaddafi’s $30m in South African home |

0
102

South African President Jacob Zuma arrives to attend the Ordinary Session of the Assembly of Heads of State and Government of the African Union (AU) during the 30th annual AU summit in Addis Ababa on January 29, 2018. / AFP PHOTO / SIMON MAINA

Organic Creame

Former South African President, Jacob Zuma, on Tuesday, denied hiding some $30 million belonging to the late Libyan leader, Moamer Gaddafi, in his mansion.

“Sigh! I owe millions in legal fees… I now hear that I have been keeping money belonging to my late brother Gaddafi,’’ tweeted Zuma, who is embroiled in numerous corruption scandals.

Over the weekend, South Africa’s Sunday Times newspaper published an investigation that said Libyan military authorities have asked President Cyril Ramaphosa to help recover Gaddafi’s millions – now believed to be in eSwatini, formerly Swaziland.

“Where’s this money, because His Majesty knows nothing about it?’’ Zuma tweeted, referring to the Swazi king, who the Times said had recently confirmed the existence of the money to Ramaphosa.

Before he was deposed and killed in 2011, the Libyan leader had a strong relationship with South Africa and Zuma had offered his “brother” safe-haven, according to the Times.

Gaddafi instead asked him to safeguard about $30 million, to be used for lawyer fees should he be taken to the International Criminal Court, the Times said.

After keeping the money at his luxurious rural home Nklanda – itself a source of Zuma’s myriad troubles after he used public money to pay for upgrades – Zuma then gave it to King Mswati of eSwatini to look after, the paper alleges.

However, South Africa’s International Relations Minister, Lindiwe Sisulu, has rubbished the Times story.

“This is a story that has been circulating for many, many years, that the Libyans had brought their money here,’’ she told reporters this week.

“There is no money in Swaziland, there is no money that we’re aware of.’’



Latest News
Aviation Minister Demands Peter Obi's Apology, N25,000 Fine Over Abuja Airport Parking IncidentKill Terrorists, Bandits Instantly, Defence Minister Urges Security Agencies, Says Insecurity To Become History SoonRethinking How Nigeria Supports SME GrowthFrom Nutrition To National Security: A Governance Lesson In Coordination & OwnershipStanbic IBTC Capital Named Nigeria's Best Investment Bank at 2026 Global Banking and Finance Review AwardsNNPC Seals Six Gas Deals To Boost Industrialisation, Energy SecuritySenate Queries N943m Allowances Paid to North-West Development Commission BoardStanbic IBTC Bank's Economic Forum Charts Nigeria's Path Through A Shifting Global EconomyTHE YEWA AWORI SOCIO-ECONOMIC BLUEPRINTS FOR THE YAYI ERA AND BEYONDEMHF Opens Heritage Event Hall, Unveils Vision For Africa’s Premier Music Heritage CentreNigeria’s Youngest Chartered Accountant, 16-Year-Old Danielle Osasere, Honoured At MFM Prayer CityThe Kick Of A Dying Horse: Rejecting The Retrogressive Agents Of Darkness In YEWA-AWORI LandNigerians Must Embrace Production, Entrepreneurship To Become Great- Emir of DutseTASFUED Holds Formal Investiture Ceremony for Sixth Substantive Vice-ChancellorOlodo Uprising: Carter Efe mirrors our collective disaster