Sunday Tribune

‘Ingonyama owed more than R3bn’

financial report

A report by Ingonyama Trust Board (ITB) chairperson Judge Jerome Ngwenya on the financial affairs of the Ingonyama Trust claims the government owes the Trust more than R3 billion.

The report was compiled on King Misuzulu kaZwelithini’s instructions, following allegations that an amount of R41 million had been siphoned off from the trust in a series of suspect transactions.

In his report, Ngwenya categorically denies that money had been

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