Guptas helped bankroll Zuma’s wife’s Waterkloof home: report

18 April 2016 - 11:28
By TMG Digital

A Gupta company “agreed to guarantee a very ambitious bond” that would be paid in instalments of almost R80,000 over five years for Bongi Ngema-Zuma’s home‚ the City Press reported on Sunday. The paper quoted excerpts “from minutes of a board meeting held in Midrand on February 10 2010 in which JIC (Mining Services) clearly agreed to bankroll the purchase of the Waterkloof house by the First Lady’s trust”.

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