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Offshore Leaks Database

Data from
Panama Papers - The Power Players
President of South Africa (2009-present)

Jacob Zuma

Associates in the data:

Related to

South Africa

About

Clive Khulubuse Zuma is a nephew of South Africa’s president Jacob Zuma. A mining magnate, Khulubuse Zuma has reportedly enjoyed a lifestyle of cigars and up to 19 collectible cars. In June 2015, a South African court found Zuma liable as chairman in the collapse of a gold mining company that led to more than 5,000 job losses. In court submissions, Zuma denied responsibility for the company's failure.

In the data

Zuma was authorized to represent Caprikat Limited, one of two offshore companies that controversially acquired oil fields in the Democratic Republic of Congo. In late summer 2010, as published reports raised questions about the acquisition, British Virgin Islands authorities ordered Mossack Fonseca to provide background information on Zuma, which the law firm had not previously obtained. That same year, Mossack Fonseca decided to end its relationship with the companies. Zuma and representatives of the companies have rejected allegations of wrongdoing and claimed the oil deals are "quite attractive" to the DRC government.

Response

A spokesman for Fleurette, the owner of the two companies, told that "the DRC benefits hugely" from "investment and long-term commitment" and noted "extensive benefits to local communities." Zuma did not respond to repeated requests for comment.
This visualization contains relevant information in relation to the profiled individual. Some additional connections might show up once we release the full structured data connected to the Paradise Papers investigation in the coming weeks.

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