Controversial business tycoon Khulubuse Zuma is sitting on a - TopicsExpress

Controversial business tycoon Khulubuse Zuma is sitting on a R100billion oil fortune in the Democratic Republic of Congo (DRC),which he allegedly obtained with the help of his uncle, President Jacob Zuma. A City Press investigation has discovered that President Zuma played a crucial role in a 2010 decision by DRC President Joseph Kabila to allocate two oilfields in the northeast of the country to his nephew. Eight months before Kabila issued a decree for Khulubuse Zuma to bag two of the most prized oil licences in sub-Saharan Africa, Jacob Zuma met his DRC counterpart in Kinshasa, where they allegedly discussed the oilfields. » Get City Press newspaper today for the full story

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