CAN WE HAVE A PRESIDENT LIKE THIS IN AFRICA??? CAN PRESIDENT MUGABE BE LIKE THIS? CAN JACOB ZUMA BE LIKE THIS?? CAN GOODLUCK JONATHAN BE LIKE THIS? IMAGINE AN ESTATE WORTH LESS A SIGNING FEE OF SOME FOOTBALL PLAYERS LIKE SAMUEL ETO AND MIKEL OBI IS WHAT MANDELA LEFT!. EVEN GOVERNOR OSHIOMHOLES ASSETS ARE WORTH MORE THAN THAT OF A HEROIC LEGEND!!!. South Africas former President Nelson Mandela left an estate valued at more than 46m rand ($4.13m; £2.53m), the executors of his will have revealed. The Mandela family trust will receive $130,000, plus royalties. Others to benefit include the governing ANC, personal staff and several schools. Mr Mandelas third wife, Graca Machel, was likely to waive her claims to the estate, the executors said, although she is entitled to half of it. Mr Mandela died in December, aged 95. The former president left behind an estate that includes an upmarket house in Johannesburg, a modest dwelling in his rural Eastern Cape home province and royalties from book sales, including his autobiography Long Walk to Freedom. Executor Justice Dikgang Moseneke said he was not aware of any contest to the 40- page will. Speaking at the Nelson Mandela Foundation in Johannesburg, Mr Moseneke said some of the estate would be split between three trusts set up by Mr Mandela, including a family trust designed to provide for his more than 30 children, grandchildren and great- grandchil dren. The family trust will receive 1.5m rand, plus royalties. Schools the former president attended are due to receive 100,000 rand each, as are Wits and Fort Hare Universities, for bursaries and scholarships. The ANC (African National Congress) will also receive some royalties, to be used at the discretion of the partys executive committee, to spread information about the partys principles and policies, particularly concerning reconciliation. Mr Mandelas children each received loans worth $300,000 during his lifetime and will have that debt scrapped if it has not been repaid. Close personal staff, including long-time personal aide Zelda la Grange, each get 50,000 rand. The home in Houghton, Johannesburg where Mr Mandela died on 5 December will be used by the family of his deceased son Makgatho. It is my wish that it should also serve as a place of gathering of the Mandela family in order to maintain its unity long after my death, the former statesman wrote. The mood of the Mandela family when the will was read was charged with emotions but it went well, said the executor, who added that the Mandela family were well pleased by his will. Despite this, there are fears the will could set off another round of squabbling among members of his large and factious family. Justice Moseneke, who is also deputy head of South Africas Constitutional Court, said there was a 90-day period in which the will can be contested. The will was first written in 2004 and last amended in 2008.
Posted on: Mon, 03 Feb 2014 14:48:39 +0000
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