• Contact Us
  • About Us
Monday, July 28, 2025
  • Login
MetroBusinessNews
  • Home
  • Economy
  • Politics
  • News
  • Companies and Markets
  • Energy
  • Sports
  • Real Estate
No Result
View All Result
  • Home
  • Economy
  • Politics
  • News
  • Companies and Markets
  • Energy
  • Sports
  • Real Estate
No Result
View All Result
MetroBusinessNews
No Result
View All Result
ADVERTISEMENT
Home World

$2.5bn Arms Deal: “I am innocent” says Zuma

metro by metro
April 6, 2018
in World
0
0
SHARES
0
VIEWS

Former South African president Jacob Zuma told thousands of supporters outside court in Durban on Friday that his opponents were telling lies and he would be proven innocent in a corruption case against him.

Speaking in Zulu in his home province, Zuma said that the judiciary and politicians believed that he did not have
rights.

Read Also

Dollar Rebounds On Trump Tariff Warning, Stocks Point Lower

Putin Takes Oath For Record Fifth Presidential Term

Labour Wins UK By-Election As Tory PM Sunak Stares At More Losses

“The truth will come out. What have I done?” Zuma told the cheering crowd.

“I am innocent until proven guilty.”

The Durban High Court adjourned until June 8 the case of corruption in a 2.5 billion arms deal dollars, filed
against Zuma.

Zuma’s legal team and lawyers for the state agreed to the postponement to give both sides time to prepare their submissions relating to charges against Zuma including fraud, racketeering and money laundering.

The 75-year-old, whose scandal-plagued nine years in office were marked by economic stagnation and credit downgrades,
faces 16 charges including fraud, racketeering and money laundering.

Zuma denies any wrongdoing and is challenging the decision to prosecute the case, a dramatic development on a
continent where political leaders are rarely held to account for their actions before the law.

Wearing a dark suit, a smiling Zuma waved to crowds of supporters and reporters as he mounted the steps of the
High Court in Durban shortly before 0700 GMT.

The speed with which prosecutors have booked his day in court is a sign of the loss of control Zuma has suffered
since his successor, Cyril Ramaphosa, became head of the ruling African National Congress (ANC) in December.

However, Zuma still retains some popular support, especially in his home province of KwaZulu-Natal, where the case
is being heard.

Heavily armed police in riot gear lined the square outside the court, as thousands of Zuma supporters gathered to
express solidarity with a leader they say is the victim of a politically motivated witchhunt.

Marchers, many clad in the distinctive yellow, green and black of the ANC, carried placards reading “Hands off Zuma”
and performed the high-stepping toyi-toyi protest dance made popular in South Africa’s decades-long struggle
against apartheid.

Businessman Siya Khoza said he admired Zuma’s determination to bring in economic policies that he said were designed to spread the wealth in what remains one of the world’s most unequal societies.

“Whatever happens we will still support Zuma because we believe he brought us radical economic transformation and
we still believe that him being in the ANC he will push for it,” said Khoza, wearing a waistcoat emblazoned in
ANC colors.

Zuma’ son Edward told supporters at nearby park where several thousand people held an overnight vigil that his
father was not worried.

“I would want to believe that as an innocent man, he is definitely not worried,” the domestic News24 agency quoted
Edward Zuma as saying.

Zuma, who was forced to resign by the ANC last month, was at the center of a 1990s deal to buy billions of dollars
of European military hardware to upgrade South Africa’s post-apartheid armed forces.

The deal was mired in scandal and controversy from the start, with many inside and outside the ANC questioning
the spending given the massive social issues, from health to education, Nelson Mandela’s party had to address
after coming to power in 1994.

Fallout has cast a shadow over South African politics ever since.

Zuma was deputy president at the time. Schabir Shaikh, his former financial adviser, was found guilty and jailed
in 2005 for trying to solicit bribes for Zuma from a subsidiary of French arms company Thales.

The company is facing charges in the same case.

Charges against Zuma were filed but then set aside by the National Prosecuting Authority shortly before he
successfully ran for president in 2009.

The charges were re-instated in 2016.

Since his election nine years ago, his opponents have fought a lengthy legal battle to have the charges reinstated.

Zuma countered with his own legal challenges.

Tags: Zuma
Previous Post

Stocks slip as Trump proposes more China tariffs

Next Post

China says will fight back ‘at any cost’ against U.S. trade tariffs

Related Posts

Trump
Economy

Dollar Rebounds On Trump Tariff Warning, Stocks Point Lower

November 26, 2024
Putin Takes Oath For Record Fifth Presidential Term
News

Putin Takes Oath For Record Fifth Presidential Term

May 7, 2024
Labour Wins UK By-Election As Tory PM Sunak Stares At More Losses
News

Labour Wins UK By-Election As Tory PM Sunak Stares At More Losses

May 3, 2024
January Was World’s Warmest On Record, EU Scientists Say
News

January Was World’s Warmest On Record, EU Scientists Say

February 8, 2024
Next Post
Trump

China says will fight back 'at any cost' against U.S. trade tariffs

refinery

Oil Rises As US-EU Deal Lifts Trade Optimism

July 28, 2025
China Releases AI Action Plan Days After U.S. As Global Tech Race Heats Up

China Releases AI Action Plan Days After U.S. As Global Tech Race Heats Up

July 26, 2025
Sad As Cameroon’s Biya, 92, Announces Bid For Eighth Presidential Term 

Cameroon Election Board Bars Kamto, Key Contender to Paul Biya

July 26, 2025
MetroBusinessNews

© 2022 Metro Business News

Navigate Site

  • Contact Us
  • About Us

Follow Us

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Home
  • Economy
  • Politics
  • News
  • Companies and Markets
  • Energy
  • Sports
  • Real Estate

© 2022 Metro Business News

Go to mobile version