Controversial businessman and former president Jacob Zuma’s nephew, Khulubuse Zuma, has been provisionally sequestrated after failing to pay the liquidators of Aurora Empowerment Systems. On Wednesday, the Durban high court ordered Zuma’s provisional liquidation. The interim order means that if he is unable to pay what is owed before the court return date of March 4, the final sequestration order will be issued. Gideon du Plessis, general secretary of trade federation Solidarity, said Zuma is unlikely to come up with the money considering that he has been unable to pay R13m outstanding from a repayment agreement he made with the liquidators in 2016. As well as that agreement, Zuma is liable for R1.4bn. Aurora acquired Pamodzi Gold’s East Rand and Orkney operations in 2009 after Pamodzi was placed under provisional liquidation, but funding for the acquisition never materialised. In the interim, Zuma and other directors — Thulani Ngubane; Solly and Fazel Bhana; and Zondwa Mandela, gra...
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