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Zuma has 'declared all interests'

Johannesburg - The presidency reiterated on Monday evening that President Jacob Zuma does not hold any personal or financial interest in any business or corporate entity.

The presidency was reacting to a statement issued by the Democratic Alliance leader in the National Assembly, Athol Trollip, in which he repeated the allegation of a "growing list of state deals that have benefited President Jacob Zuma's family and friends".

In its response, the presidency stated: "While the presidency would welcome any debate on the current legislative mechanisms for parliamentary oversight over the executive, we trust that there is no malicious intent or political grandstanding in calling for such a debate.

"The presidency reiterates that President Zuma does not hold any personal or financial interest in any business or corporate entity. He makes his annual declaration of interests to the secretary of cabinet. The declaration is designed to ensure that a conflict of interest does not arise in the performance of his executive office.

"The financial interest that the president must disclose relates directly to the president as well as to spouses and dependants. He does not declare assets or interests that belong to persons other than spouses and dependants.

"The properties and assets of adult children are likewise not declared and are not the president's responsibility or liability."

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