Jacob Zuma Trial

Jacob Zuma
Trial

South Africa’s former President Jacob Zuma is charged with corruption linked to a 1990s arms deal. He faces 16 counts of corruption, racketeering, fraud and money laundering.

The arms deal took place in 1999, the year Mr Zuma moved from being a provincial minister to deputy president.

When the ANC government implemented a multi-billion rand arms acquisition programme after coming into power, the French arms company – then known as Thompson CSF – was awarded a R2.6 billion stake in 1997. This was to supply combat systems for the SA Navy.

A subsidiary of the group known as ‘Thint’ are accused of paying to use his political influence and prevent any inquiries into their illicit deals.

In 2004, Zuma became a key figure mentioned in the Schabir Shaik trial. Schabir Shaik, a Durban businessman and his financial advisor, was questioned over bribery in the course of the purchase of Valour class frigates for the South African Navy, a proposed waterfront development in Durban, and lavish spending on Zuma’s residence in Nkandla.

In the trial Shaik was shown to have solicited a bribe of R500 000 per annum for Zuma in return for Zuma’s support for the defence contractor Thomson CSF, On 2 June 2005, Shaik was found guilty and sentenced to 15 years in prison.

World Justice News will show the Jacob Zuma Trial free. For the link to view the Jacob Zuma Trial please click here to see our daily schedule.

About World Justice News 4433 Articles
Brings you breaking crime news and other interesting crime stories from around the world.

Be the first to comment

Leave a Reply