Zuma Declares His Assets

“President Jacob Zuma today provided a list to the Secretary of Cabinet containing any gifts, benefits or financial interests held or received either by him or by any family member, as required in terms of the Executive Ethics Code,” he said in a statement.

This followed the revelation that he had not done so within 60 days of taking office last year, which the law requires.

The declarations in the public and private parts of the register were completed in consultation with the Secretary of Cabinet, who was the director-general in the presidency.

Sentimental significance

“In deciding whether to accept or retain any gift, the president has applied the same high ethical standard he otherwise would have in respect of other members of the Executive.”

“In any event, whilst these gestures are highly appreciated and of immense sentimental significance, none of the gifts are of extraordinary monetary value.”

“The attendant delay in completing this task responsibly has created an opportunity for some to unfairly speculate without substance.”

“The president does not hold any directorship, membership or shareholding in any company, either public or private, nor is he associated in any way therewith. The suggestions to the contrary are devoid of any truth and are regrettable,” said Hulley. SAPA