PRESIDENT ZUMA HAD DECLARED ALL HIS INTERESTS

The Presidency has noted a statement issued by Democratic Alliance Leader in the National Assembly, Mr Athol Trollip today, 29 August, in which he repeats the allegation of a "growing list of state deals that have benefited President Jacob Zuma's family and friends''.

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.

Statement issued by Mac Maharaj, Presidential spokesperson and Special Envoy, The Presidency, August 19 2011

Click here to sign up to receive our free daily headline email newsletter