Zuma surprises Capitec employees with visit: Myeni tags along

Zuma surprises Capitec employees with visit: Myeni tags along

- Jacob Zuma and long-time supporter Dudu Myeni went on an unexpected excursion together recently

- The pair popped in to a Richards Bay Capitec branch on Old Year's Eve

- While the visit was met with great excitement, the reason for it remains shrouded in mystery

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Jacob Zuma surprised some unsuspecting Capitec employee when he strolled in, Dudu Myeni in tow.

BusinessLIVE reports that the Richards Bay Capitec branch is a fair distance away from his Nkandla homestead, 150 kilometres to be exact.

Neither the former president or his ex-SAA chair companion would disclose the reason for their visit to the unassuming bank.

A person, who had been around during the visit, said that both political figures had a bank account with Capitec, but couldn't breach privacy policies to reveal their business.

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Briefly.co.za reported that Zuma was facing financial woes, with an outstanding loan at the now-defunct VBS Mutual Bank causing the ex-president a great deal of strain.

Zuma has been served with a summons by the liquidators of the looted entity for R7.3 million owed on a home loan he failed to honour.

The loan had originally been obtained back in 2016, used to finance a portion of the amount owed to the government for upgrades done to his KZN homestead.

The bank had gone into liquidation two years later, with the extent of graft and theft exposed shortly after.

While the current amount allegedly stolen by executives stands at R1.8 billion, experts believe the true figure stands closer to R2.7 billion.

Myeni is also facing down her share of legal problems, with the Organisation Undoing Tax Abuse determined to have her declared a delinquent director for the state of the SAA.

The embattled executive currently serves as the chairperson for the Jacob Zuma Foundation.

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Source: Briefly.co.za

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