#PayBackTheMoney: Treasury sets Zuma’s Nkandla bill at over R7.8m
Thuli Madonsela found Jacob Zuma unduly benefited from non-security features to upgrade his private home.
JOHANNESBURG - Eyewitness News has learnt National Treasury has told the Constitutional Court that it believes the amount of money that President Jacob Zuma should pay back for the upgrades to his Nkandla home amounts to just over R7.8 million.
Treasury says it contracted two independent quantity surveying firms to conduct two separate investigations, and that it then moderated the results of those two probes.
In the end, the finance ministry says of the five facilities that were in question, a reasonable percentage of the estimated costs that the president would have to pay personally comes to nearly 88 percent of their total cost.
This corresponds to a final figure of R7,814,105 in 2009 prices.
National Treasury released the figure just a day short of the 28 June deadline set in the Constitutional Court ruling in March this year.
The court found that President Zuma failed to uphold, defend and respect the Constitution as the supreme law of the land in handling the Nkandla debacle.
WATCH: I'm not going to pay back the money
The court further ruled that Treasury would be given 60 court days to determine the amount that Zuma should pay back for the upgrades to his private homestead.
Finance Minister Pravin Gordhan says, "The National Treasury has prepared this report, and shortly before 3pm on 27 June, has submitted a report on the president's homestead in Nkandla."
The matter has in the past been a trigger to the sometimes chaotic debates in the National Assembly, with Economic Freedom Fighters often leading the charge.
To read the full document from National Treasury, click here.