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EXCLUSIVE: Zuma takes control of MK Party finances after revoking signing powers of bank signatories
Wade Wilson
Jul 24 2026
1uMkhonto weSizwe (MK) Party president Jacob Zuma has taken charge of the party's finances, revoking all signing authority from officials, including the treasurer-general and secretary-general. This decision, communicated in a letter dated 23 July, follows allegations of fund mismanagement and outstanding rent for party offices.
This summary is based on reporting by Mail and Guardian.
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