2012-11-19 14:10
Video
Zuma defends Nkandla
2012-11-16 09:35
President Jacob Zuma insisted to Parliament he paid for upgrades to his Nkandla homestead. Watch.WATCH
Durban – A Durban businessman says he lent President Jacob Zuma money to pay for the first phase of the upgrade of his Nkandla residence, and that Zuma had repaid the money.
Vivian Reddy told The Mercury that the outcry against the Nkandla development was nothing more than a “political stunt”.
This comes amid allegations that Zuma may have misled Parliament when he said he had taken out a loan to finance construction work at his KwaZulu-Natal residence.
“I’m very close to Nkandla. I lent the president the money to pay for the first phase and he paid it back. Now he has taken a new bond,” Reddy told The Mercury.
He added that City Press was wrong in reporting on Sunday that there was no evidence that a bond had been registered.
Reddy also said that when Zuma received visitors, his Nkandla home had to look good.
“We can’t have the president living in a cheap rondavel; it must be befitting of his office.”
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Businessman ‘lent Zuma Nkandla money’