Following a recent High Court ruling that Jacob Zuma will now be held accountable for his own mounting legal fees, questions have arisen as to how the former president will tackle the issue
Briefly.co.za reported recently that ex-president Jacob Zuma will have to fork over more than R15 million to pay back some of the exorbitant legal costs he has incurred over the past 13 years.
The court had decided that the expenses Jacob Zuma had raked up in his personal capacity did not relate in any way to the official purpose he had held in the office.
Now it remains to be seen whether the former president will fit the bill himself or if someone will swoop in to aid him.
Currently, it seems as if Jacob Zuma would not be in a financial position to bail himself out of the financial demands.
Earlier this year the ANC voted that Zuma should receive retirement benefits from the State, including an annual salary of R2.9 million a year. This amounts to around R140 000 a month after tax.
There is also a R7.8 million debt to VBS Mutual Bank for Zuma’s Nkandla property.
In conclusion, it seems that Jacob Zuma will be reliant on his remaining allies to get himself out of a dubious financial situation.
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