Zuma made appearance facing 16 charges related to corruption, racketeering and money-laundering. According to the National Prosecuting Authority, the charges involve the arms deal of the late 1990s.
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Hangwani Mulaudzi, Spokesman of police’s elite “Hawks” unit, said in Johannesburg that the police raided the bank’s branches in Johannesburg and Durban and took documents showing bank transactions involving South African state firms.
Zuma faces 16 charges of fraud, racketeering and money laundering relating to the deal to buy European military hardware to upgrade South Africa’s armed forces after the end of apartheid in 1994.
The case will resume on Friday.
The decision is the latest by Ramaphosa to tackle alleged corruption and mis-governance in the administration of his predecessor, Jacob Zuma, who was forced out of office in February by the ruling African National Congress.
In 2017 Edward wrote an open letter, in which he labeled the then finance minister Pravin Gordhan and tourism minister Derek Hanekom, two critics of Zuma, as “sell outs’’.
Conco, a woman in her twenties, had been a national executive committee treasurer and communications officer at She Conquers, an organisation that fights the spread of HIV among the adolescent and young girls.
The National Prosecuting Authority gave Duduzane Zuma a two-month deadline that expired at the end of March to make representations as to why he should not be prosecuted, but he failed to do so, spokesman, Luvuyo Mfaku said.
President Cyril Ramaphosa of South Africa on Tuesday paid tribute to the late anti-apartheid icon Winnie Madikizela-Mandela at a memorial…
The National Prosecuting Authority earlier on March 16 said it would seek to prosecute Zuma on 16 charges, including fraud, racketeering, corruption and money laundering.
He issued a statement on Monday saying his father is being persecuted for fighting the white monopoly capital in the country.
Abrahams said: “After consideration of the matter, I am of the view that there are reasonable prospects of successful prosecution of Zuma on the charges listed in the indictment.”
I’m now in my Coomson season, wondering exactly what I’m doing here and whether I should not be going to Accra
From the benefit of hindsight, the Confidence vote was to buy Zuma some time and see if he could turn the fortunes of the country around and in turn rekindle the fast ebbing faith of the people in the party. However, like a hungry lion roused from its slumber, the people of South Africa would know no rest until they found some succour. For them, a hope for succour was in the form of Zuma stepping down from the exalted seat. Like all responsible party in civilised democracies, the ANC did not delude itself as to the consequence of remaining in support of Zuma. They acknowledge the power of the people far above the power of ANC at the polls. They knew that loyalty to Zuma would ultimately spell doom from them during the general elections to elect new National Assembly and new provincial legislatures.
South Africa’s main stock market index jumped nearly 4 per cent, putting it on track for its biggest one-day gain in more than two years as investors welcomed Zuma’s resignation after nine years in office plagued by corruption allegations.
Zuma told the nation late on Wednesday that he was standing down after being instructed to do so by the ruling party, the African National Congress.
South Africa’s main stock market index jumped nearly 4 per cent, putting it on track for its biggest one-day gain in more than two years as investors welcomed Zuma’s resignation after nine years in office plagued by corruption allegations
In a 30-minute farewell address to the nation, 75-year-old Zuma said he disagreed with the way the ANC had shoved him toward an early exit after the election of Cyril Ramaphosa as party president in December, but would accept its orders.
“I am being victimised here. I think there has been a misinterpretation,” Zuma said in an attempt to present his side of the story.
“We will possibly elect a new president on Thursday if not Friday,” ANC treasurer general, Paul Mashatile, told journalists, assuming scandal-hit Zuma will lose the vote.