Never heard of Zuma’s bank? Yo

Never heard of Zuma’s bank? You’re not alone

Opposition parties were left scratching their heads following the announcement that el presidente had been granted a loan by on VBS bank to pay for the non-security upgrades to his Nkandla home.

Never heard of Zuma’s bank? Yo

On Monday the Presidency announced that Jacob Zuma had repaid the amount Treasury had recommended for the upgrades to his private Nkandla residence, but not everyone is convinced of the legitimacy of the claim.

UDM leader Bantu Holomisa — while not casting as much doubt on whether this VBS bank actually exists — said that Zuma ‘paying back the money’ is a clear admission of guilt and that the ANC should take action.

 “Zuma pays R7m admission of guilt. ANC, you can recall him now, if you are serious about fighting corruption,” Holomisa Tweeted.

Zwelinzima Vavi, former Zuma loyalist – actually, one of the people who helped the man become as powerful as he is – cast aspersions on the legitimacy of the bank, while lashing out at the small amount Zuma had to pay back in the first pace.

“R250m spent through massive price inflation and clear corruption and R7m paid back – case closed! We are supposed to be happy.”

In response to a Tweet asking him about the bank, Vavi later Tweeted that he had never heard of VBS, adding “mutual this and that approved a home loan, more like Oros bond from Indian bank.”

An uncharacteristically curt Julius Malema merely Tweeted:  “VBS Mutual Bank”?

Finally, the DA took it an extra step further, demanding that Zuma show proof of payment, adding that the opposition isn’t all that convinced that he paid the money himself.

“The President has a history of tapping into his circle of cronies for funds,” the party said in a Tweet.

#VBSMutualBank has since started trending on Twitter and folks have zero chill: