Absa has reportedly threatened to close an account held by\u00a0President Jacob Zuma\u2019s wife Tobeka Madiba-Zuma due to \u201cunexplained millions of rand\u201d going through it, according to the Sunday Times.<\/p>\n
The report stated that the decision follows ABSA taking a \u201cfirm stance against commercial entities linked to the Gupta family\u201d. In 2016, multiple banks closed accounts linked to the Gupta family.<\/p>\n
Sources said that ABSA wanted Madiba-Zuma to explain the large amounts of money in her account, while she has reportedly denied receiving a statement from the bank on the matter.<\/p>\n
\u201cI have no knowledge of Absa\u2019s intention to close my account,\u201d she said.<\/p>\n
A source told the Sunday Times, however, that the check on the account was taking place to understand the nature of the money, which the bank viewed as suspicious.<\/p>\n
\u201cABSA spokesman Songezo Zibi said the bank could not comment because of client confidentiality,\u201d stated the report.<\/p>\n
The latest reported move by Absa comes after a massive email leak was published by media houses, detailing how the Gupta family had allegedly captured the state and planned to move Zuma and his family to Dubai<\/a>.<\/strong><\/p>\n
\n