£3bn Arms Deal: South Africa’s Ex-president Pleads Not Guilty To Money Laundering

Former president of South Africa, Jacob Zuma, on Wednesday, pleaded not guilty to corruption charges in a £3 billion arms deal.

Among other things, prosecutors accused Zuma of fraud and money laundering dating back to when he was deputy to former president Thabo Mbeki between 1999 and 2008.

BBC reports that the deal was for the purchase of fighter jets, helicopters, submarines and warships.

Zuma was the country’s president from 2009 to 2018.

When his indictment was made public, his political party, the African National Congress (ANC), compelled him to resign.

BBC reports that after taking his plea, Zuma told his supporters outside the courthouse in Pietermaritzburg city that he would emerge victorious.

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