Treasury finds Zuma must pay back R7.8m for Nkandla. Corruption Watch reacts...

Where is the president going to get the money from? Uhm… Uhm… Where do rich people live? Saxonwold?

Stephen Grootes

It’s not only about Nkandla. Cars for his wives, new aeroplanes for his comfort, friendship with the Guptas… – many people believe this is a President who plundered public resources. So, they're not going to be satisfied with it.

David Lewis (Executive Director at Corruption Watch)

The Money Show’s Bruce Whitfield interviewed Stephen Grootes, EWN Reporter and Presenter of the Midday Report.

Grootes discussed National Treasury informing the Constitutional Court that it believes the amount of money that President Jacob Zuma should pay back for the upgrades to his Nkandla home amounts to just over R7.8 million.

Whitfield also asked Corruption Watch Executive Director David Lewis for his reaction.

Scroll down for quotes from the audio below.

Thuli Madonsela’s report on Nkandla is about as long as the National Development Plan.

Stephen Grootes

Treasury has taken the cost of the visitors’ centre away.

Stephen Grootes

At the time many people thought the Public Protector was being kind.

Stephen Grootes

We remember Schabir Shaik paid a lot of the President’s expenses. He did not come into the presidency with huge amounts of money.

Stephen Grootes

The president has 45 workdays to pay.

Stephen Grootes

It’s more or less the outcome I expected.

David Lewis (Executive Director at Corruption Watch)

Treasury should not be blamed for the conclusions they reached.

David Lewis (Executive Director at Corruption Watch)

Click here (then“like” the page) to follow Bruce on Facebook.

Enter your email address in the form below to receive a newsletter containing the seven most-read articles of the week from Bruce Whitfield’s The Money Show every Friday morning in your inbox.

Subscribe to our Business Wrap Newsletter

Article brought to us by Old Mutual.

Read More
6 techniques you can use to get funding to start (or grow) a business

6 techniques you can use to get funding to start (or grow) a business

Small business guru Pavlo Phitidis discusses the techniques, how they work and how to get them right.

Money market accounts (and Exchange Traded Funds) FAQs answered

Money market accounts (and Exchange Traded Funds) FAQs answered

Personal finance guru Warren Ingram explains what money market accounts are and the difference between various ETFs.

2016 - Good riddance to bad rubbish

2016 - Good riddance to bad rubbish

Bruce Whitfield interviews public speaking superstar Vusi Thembekwayo, who says “Dear 2016: we are glad you are over”.

Meet (outgoing) Old Mutual EM CEO Ralph Mupita (soon to be MTN’s CFO)

Meet (outgoing) Old Mutual EM CEO Ralph Mupita (soon to be MTN’s CFO)

The Money Show’s Bruce Whitfield interviews Mupita about his life and his exciting (and challenging!) new job at MTN.

Why the SA Institute of Race Relations accepted funding from Coca-Cola

Why the SA Institute of Race Relations accepted funding from Coca-Cola

The institute's Gwen Ngwenya explains why it took money from Coca-Cola to fund research on taxing beverages containing sugar.

The world in 10 years' time

The world in 10 years' time

The six megatrends the World Economic Forum believes will happen in the next decade.