SABC News.com - COPE cites economic consequences of Nkandla report:Sunday 23 March 2014

COPE cites economic consequences of Nkandla report

Sunday 23 March 2014 11:15

SABC

COPE is the latest opposition party to react to the Public Protector’s report on the upgrades in Nkandla. (SABC)

The Congress of the People (COPE) says the Nkandla report could negatively affect the country's economy.

COPE is the latest opposition party to react to Public Protector Thuli Madonsela's report on the upgrades to President Jacob Zuma's Nkandla residence.

She found that Zuma and his family had benefited unduly from the upgrades of around R240 million.

COPE spokesperson Dennis Bloom says: "We don’t have any doubt that local as well as international investors are very concerned with the findings of the Public Protector, where the head of state is using tax payers’ money for him and his family."

Earlier the COPE Youth Movement in Gauteng criticised the ANC Youth League for its attack on Madonsela following the release of the report.

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