Zuma’s Nephew Charters R2,5M Jet To Sell Fake Gold Worth R7,000

16 Sep 2013 by Jasmine Stone in Crime, Money, Politics

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Jacob Zuma’s nephew, Khulubuse, and a business partner chartered a jet for R2,5 million to fetch R50 million in gold bars from Conakry, the capital of Guinea. However, on their return they found the “99.9% pure gold bars” were nothing more than copper and zinc knock-offs worth about R7,000. Eish.

The pair have successfully pulled off similar deals in the past, but this time they say the group of 250 villagers from Guinea, along with the Guinea Central Bank who certified the bars, scammed them. Khulubuse Zuma was the director of the now defunct Aurora mine, which left thousands of miners unemployed when it was liquidated last year.

[Source : News24]

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