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Jacob Zuma has paid back the money for Nkandla

Cape Town – 12 September 2016

The treasury has confirmed that President Jacob Zuma has paid back the R7.8 million,which was the cost determined by treasury for the non-security upgrades at his private homestead Nkandla.

There are reports that a bond was raised from VBS Mutual Bank.VBS is one of the few lenders that will provide bond finance for homes located on traditional tribal land.

Thousands of social media users commented on the saga under the hashtags: #nkandla,#paybackthemoney ,#zuma

and #paidbackthemoney.

By Wesley Fester

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