Money was for Zuma's children: Shaik
The millions of rand convicted fraudster Schabir Shaik gave President Jacob Zuma was for the “upkeep and education” of his children.
Shaik said he gave the money to help the children with “no pressure whatsoever from the president”.
The funding was “so that he [Zuma] would not have this financial burden. So that he could focus on the issues at hand,” Shaik was quoted as saying.
Shaik was found guilty of two counts of corruption and one of fraud in 2005 for alleged irregular financial dealings with Zuma, who was deputy president at the time.
In January, The Sunday Independent reported that Shaik wanted a presidential pardon and the repayment of R2 million he claimed was outstanding on loans to Zuma.
An amount of R2.5m had been loaned to Zuma, and was primarily used for his children’s upkeep and educational needs.
Only R500,000 had reportedly been repaid.
The Mail&Guardian reported that Shaik had denied benefiting from his relationship with Zuma, and had said he had unsuccessfully tendered for several projects in KwaZulu-Natal while Zuma was the MEC for economic development.
DIRTY DEALER: Schabir Shaik and Jacob Zuma's conduct is not to be taken lightly. Pic: RICHARD SHOREY. © Business Day.
SCHABIR SHAIK TRIAL.

Comments
CheeseBoy
eh Shaik seeing as you are throwing money around for a good cause, I have 2 kids who could use some of your millions for their education.Report Abuse
CheeseBoy
corruption is pretty much like buying stolen property. The thief is just as guilty as the person who buys it.I still find it hard to understand how between the corrupted and corrupter only one is found guilty.
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Mothata
Yah neh, So says the person who is supposed to be dead today. How long do terminally ill people live?Report Abuse
TLekota
So Mr President is just someone who receives money left right and Centre. Haai Zuma.Report Abuse
Papage
So Zuma remain Clean as others are arrested left and right, was President Mbeki wrong to remove him as his deputy? No, Zuma is corrupt and must be arrested and brought to book, Nkandla must be seizedReport Abuse
TrapStar
hahahaha We should have a new MOTOZUMA - THE ROAD TO RICHES
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oldlady12
Hehe, so the prez makes children left, right and centre, and then he can't "upkeep" them? Is it culture to make children for someone else to "upkeep"?Report Abuse
T.C.T
matsogo a tlhapisana....isandla sa gezanaReport Abuse
oldlady12
TrapStar, The Short Road to Riches.Report Abuse
cornelius
Ja, Zuma should have gone to tjoekie with Shaik. Instead, this wonderful organisation, the ANC, is going to make him the president of the largest economy in Africa for another term, so that the looting of our money can continue unabated. Sies ANC !Report Abuse
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