Why FNB put a hold on outgoing payments from Zuma’s bank account

Bank dismisses claims by MK Party that the account was weaponised, saying it is following court orders

24 March 2024 - 00:00 By Ernest Mabuza

FNB placed a hold on outgoing payments from former president Jacob Zuma’s bank account because of a court order authorising the sheriff to attach the account over Zuma’s multimillion-rand debt to VBS Bank. ..

There’s never been a more important time to support independent media.

From World War 1 to present-day cosmopolitan South Africa and beyond, the Sunday Times has been a pillar in covering the stories that matter to you.

For just R80 you can become a premium member (digital access) and support a publication that has played an important political and social role in South Africa for over a century of Sundays. You can cancel anytime.

Already subscribed? Sign in below.

Questions or problems? Email helpdesk@timeslive.co.za or call 0860 52 52 00.

Would you like to comment on this article?
Sign up (it's quick and free) or sign in now.

Speech Bubbles

Please read our Comment Policy before commenting.