Zuma In Hot Water As New Document Allegedly Link Him To €1Million Bribe Demand After Nkandla Meeting

Former South African president Jacob Zuma is facing renewed scrutiny following allegations in newly reported documents that he sought a €1 million cash payment and a 15% stake in a waste-tyre recycling company after a meeting at his Nkandla residence.

According to a report published on 24 October 2026, the alleged demands were linked to Kusaga Taka, a company operating in the waste-tyre recycling sector. The documents reportedly indicate that politically connected businessman Roy Moodley was involved in conveying the alleged demands.

The claims have brought renewed attention to the relationship between Zuma and Moodley, whose business dealings and links to the former president have previously attracted media scrutiny.

The newly reported allegations centre on a meeting at Zuma’s Nkandla residence involving individuals connected to the recycling industry.

According to the report, the alleged arrangement involved a demand for €1 million in cash, alongside a 15% ownership stake in Kusaga Taka. Moodley is alleged to have acted as an intermediary in communicating the demands.

However, the allegations must be treated with caution. The reported contents of the documents do not, on their own, establish that a bribe was paid or that Zuma committed a criminal offence.

Further details about the meeting, the identities of all participants and any subsequent investigation would be important in determining the full circumstances surrounding the claims.

Moodley has previously featured in media reports concerning his business relationship with Zuma.

In 2017, investigative journalist Jacques Pauw’s book The President’s Keepers alleged that Zuma received payments of approximately R1 million per month from Royal Security, a company associated with Moodley, during the early months of Zuma’s presidency.

The allegations prompted questions about whether the payments had been properly declared. Zuma disputed claims that he had received undeclared money from private individuals or companies while serving as president.

Moodley’s business interests have also attracted attention over disputed public-sector contracts and allegations concerning payments to companies linked to him. These historical reports provide context but do not independently prove the latest allegations involving Kusaga Taka.

The latest claims could renew debate about the relationship between political influence and private business interests in South Africa, particularly where allegations involve individuals with longstanding connections to senior political figures.

If substantiated, allegations involving demands for cash and company shares in exchange for political access or assistance could raise serious questions about corruption and the use of political influence for private benefit.

Nevertheless, the distinction between allegations and established findings remains essential. The reported documents would need to be examined alongside any available responses from the people involved and evidence gathered by the relevant authorities.

As of the information available in the report, the allegations should not be presented as proven criminal conduct. Any response from Zuma, Moodley or representatives of Kusaga Taka would be relevant to establishing a fuller account of the matter.

The revelations are likely to attract further attention as more details emerge about the alleged Nkandla meeting, the reported demands and the role Moodley is said to have played.

Source: https://x.com/News24/status/2113873362455793910