Nkandla report raises more questions
Nhleko has pointed out that there are certain aspects of the upgrades at Nkandla that require further investigation, as some of the costs that have been attributed to security upgrades, do not fall into that category.
When Nhleko presented his Nkandla report at the end of May, he concluded that President Zuma did not have to pay back any of the money that was spent on upgrades to his personal residence. A stark contrast to the report issued by Public Protector Thuli Madonsela in 2013, which found that Zuma and his family unduly benefitted from the upgrades made to Nkandla, and that he should pay back some of the money spent on the upgrades.
Where did the money go?
The security upgrades to Nkandla only cost R71 million according to Nhleko, and included the firepool, amphitheatre, cattle kraal, chicken run, culvert and visitors’ lounge, which he determined to be necessary security upgrades.
The remaining amount of the R216 million was used to pay consultants (R20 million), and a total of R135 million was reportedly spent on the construction of 21 houses for security staff and a clinic.
The 21 houses for security personnel reportedly cost approximately R6 million each to build, yet these houses now stand empty, and it is not clear who authorised them to be built.
Nhleko conceded that the construction of houses for security staff were not a security requirement. He noted that an investigation into who authorised the construction of these buildings needs to be conducted, as well as why the cost of building these houses was included in the total sum that was spent on security upgrade to Nkandla.
However, Nhleko has noted that investigating these issues goes beyond the directive that he was given. He stated that he was only tasked with investigating the cost of the security upgrades made to Nkandla, and whether or not these were necessary.
For more information on Nhleko’s Nkandla report, click here.
Featured Financial conflict can lead to divorce – here’s how to prevent it
Talking about money is an intimate matter, and it may be uncomfortable for couples who’ve managed to avoid this discussion. However, it will become necessary at some point or other. Do you think you’re ready to talk to your partner about money?
This is how much you should spend on accommodation
As your salary changes over time, your expenses will change too. But what if you’re spending an exceedingly large percentage of your income on accommodation? Is it feasible or even recommended in our current stressful financial climate?
How to be “future greedy” with passive income
Setting up numerous streams of income is a safe way to protect yourself from the loss of your main stream of income. Better yet, setting up passive streams of income will ensure you always have money coming in, without costing you additional working hours. So, what is “passive income”, and how can you earn this?
Can your debt be cancelled?
It sometimes happens that you struggle so much to pay your debt that you think of asking your creditor to write it off. But debt doesn’t just get written off. There are conditions that must be met and procedures that must be followed before the creditor cancels your debt.
FNB senior customers can earn up to 30% back in eBucks at Clicks
Price: Available on request
When: From 5 August 2020
Bakwena Spa Women’s Day Special
Price: R549 per person
When: Until 31 August 2020
Where: Centurion, Hartbeespoort, Kuils River
Dis-Chem Pap Test Special
When: From 3 August to 11 September 2020