Wednesday 28 March 2018

Racketeering, corruption, money laundering fraud charges for Former South African president

South Africa's former President Jacob Zuma is to face prosecution for 16 charges of corruption relating to a multi-billion-dollar arms deal.

The case centres on a 30bn rand ($2.5bn; £1.7bn) deal to modernise the country's defence in the late 1990s.

The charges - which Mr Zuma denies - include counts of fraud, racketeering and money laundering.
French arms supplier Thales will also face charges, a prosecutor said. Thales declined to comment, reports the AFP news agency.

Mr Zuma is alleged to have sought bribes from Thales to support an extravagant lifestyle. His financial adviser at the time was found guilty of soliciting those bribes in 2005 and Mr Zuma was later sacked as deputy president.

Original charges against Mr Zuma were controversially dropped shortly before he became president in 2009.


For more read: www.bbc.com/news/world-africa-43426971?mkt_tok=eyJpIjoiT0RreE5qQmxaREpqT1dZeCIsInQiOiJQd3J5S3dvR29sOU1cLzRDT2ZZQlwvQVBoTk1BYmY4cStqWlNNQm9DNmxVeGFKMHJnVFwvYlVmZ2VlXC9wMnFuZW5sTVlRTVNFNkRKelhaMUxjbmhYazBEaWFhT0VaMllIOVB3V05nSEp3OGxBeW5XT3F6ZkhnT3pQZWhNRTRSOG8yTWMzMStKWkJmSjk1VWZSZzhKYmt2a3pnPT0ifQ%3D%3D

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