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Posts Tagged ‘king mswati

Swazi king wants slice of South African bailout cash, say activists

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King Mswati III of Swaziland, 2006. Photo: Amada44

King Mswati III of Swaziland, 2006. Photo: Amada44

Swaziland’s King Mswati III has allegedly demanded a quarter of South Africa’s bailout money to his country as a commission. Swazi pro-democracy activists told RFI on Saturday that the king was “arrogantly” trying to behave like a “consultant to his own country” in brokering the 2.4 billion rand (231 million euro) loan.

Interview: Lucky Lukhele, Swaziland Solidarity Network

Radio France Internationale

“The king is now demanding 25 per cent of the entire thing [the bailout], saying that he has helped the country to secure it,” says Lucky Lukhele, a spokesman for the Swaziland Solidarity Network.

Lukhele claims that he learned of the king’s 400 million rand (57.8 million euro) commission from high-level contacts who attended a Tuesday cabinet meeting.

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Written by Daniel Finnan

27 August 2011 at 17:00