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Moti leaves UDC drowning in debt

STEPPING BACK: Moti

South African billionaire businessman, Zunaid Moti has reportedly turned his back on the Umbrella for Democratic Change (UDC), leaving the organisation floundering with an outstanding bill believed to be in excess of P20 million.

The debt includes P10 million in unsettled court fees incurred from the disastrous petitions, which the UDC lost with costs late last year. Part of of the balance includes outstanding campaign expenses acquired in the build-up to the 2019 general elections.

At the time, Moti was hailed by many within the Umbrella as a ‘moneybags Messiah’ who would help their mo...

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