Tuesday, April 24, 2012

Zuma nephew pays up in possessions

Zuma nephew pays up in possessions April 24 2012 at 09:32am By Gugu Mbonambi Comment on this story -------------------------------------------------------------------------------- INDEPENDENT NEWSPAPERS Khulubuse Zuma at President Jacob Zuma s wedding. Photo: Sibusiso Ndlovu The first cracks in Khulubuse Zuma’s business empire appeared on Monday when some of his goods were sold by auction to pay a R10 million debt owed to a security company. The items included three BMW cars and household furniture. But Zuma and other Aurora Empowerment Systems directors’ legal woes are far from over, with trade union Solidarity threatening to serve them with court papers this week to recover more than R4m that the embattled company owes to 101 destitute mineworkers. In Verulam on Monday, Zuma’s 3-Series BMW fetched R15 500, his BMW 755i was sold for R88 000 and a 5-Series BMW fetched R14 700. A sound system belonging to Zuma, a nephew of President Jacob Zuma, was knocked down to R30 000. Other items that were auctioned included a microwave oven, a double-door fridge, a washing machine, a dining-room suite, a leather lounge suite and a TV. The vehicles and appliances were confiscated by the sheriff from Zuma’s home in Umhlanga, Durban. His luxury sports vehicles weren’t on auction. Tweeting from the sheriff’s premises in Verulam, author and blogger Sarah Britten (@Anatinus) said: “Buyer of 3 Series has discovered that there’s all sorts of stuff missing from the engine. Paid R15.5k for it… Passenger seat in the 3 Series is broken. Presumably Khulubuse went for rides in it. A condom and bath soap were found in it.” The Sunday Times reported that Nelson Mandela’s grandson, Zondwa Mandela, Zuma’s business partner in the embattled mining group, would also be targeted. Both allegedly owe “a fortune” to creditors after their venture in the Grootvlei mine in Springs collapsed. These three BMWs were sold on auction. INDEPENDENT NEWSPAPERS In January, Aurora was ordered to pay Protea Coin Security R10m it was owed. When it failed to pay up, Protea Coin went back to court and targeted both Zuma and Mandela personally. Britten later tweeted: “Friend calculated the total from the Khulubuse auction and it comes to just over R160k. Not quite the R10 million he owes Protea.” The STAR Comments by Sonny This is how the ANC elite think the are above th
e law & the poor!! Their reign will also come to an abrupt end..... SOON!!

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