• Home
  • Radio
  • TV
  • Advertisement
  • Disclaimer
  • Public Notice
    • Opinion
  • New Africa Business News
  • Contact
  • Log In
facebook
    • News
    • Business
    • Video
    • Entertainment
    • Sport
    • Jobs
    • Government
    • Immigrants
    • Investment
    • Gallery
      • Animal
      • Africa Map
    • NGO
    BREAKING NEWS
    AfDB President Dr. Akinwunmi Adesina has underscored the significance of Africa Restraining its Reserves and Manufacturing Lithium Batteries for Electric Vehicles to be part of the Global Electric Vehicle Revolution
    African Development Bank’s 2023 African Economic Outlook Projects Africa to Become the Second-Fastest Growing Region After Asia
    Ambassador Albert Muchanga African Union Commissioner for Trade And Industry – exhorted African Administrations to Marshal Mobile Domestic Finance by ways to carry out AU’s Agenda 2063
    African Nations Exhorted to take on Modern Sustainable City Planning to enable Stave Off Prospective Emergencies
    South Africa’s Informal Economy Shows Signs of Movement to Switch toward Cashless Economy, Study
    $11.70 million Expended by the Africa Development Bank to Facilitate Access to Fertilizers for African Agricultural Producers
    TRANSCO – CLSG wields Impressive Coordination Meetings for the Development of the Gambia River
    650,000 BPD Dangote Petroleum Refinery and Petrochemicals plant Commissioned by Erstwhile Nigeria’s President Buhari
    …Curtail the usage of Charcoal and save the Environment Immense Liquefied Gas Depot opened in Tanga City of Tanzania
    $3.5 Billion in reimbursements to White Agriculturalist by the African Development Bank as Financial Instruments to “Fast Track and Front Load” to White Agriculturalist land…was taken from them by the Zimbabwe Administration President of AfDB disclosed

    South Africa, Zuma Centre Stage at Graft Inquiry

    Posted On 16 Jul 2019
    By : New Africa Business News, Staff Correspondent
    Comment: 0

    By Abdul Rahman Suagibu –

    Former- President Zuma of South Africa
    Photo Credit: Sahistory

    NEW AFRICA BUSINESS NEWS, Freetown, Sierra Leone- Former- President of South Africa started testifying  at a Judicial inquiry. Erstwhile South African President – Jacob Zuma on Monday testify at a Judicial Inquiry where he faces resilient questioning over allegations that, he oversaw systematic looting of State funds while in power.

    Zuma struck a characteristically relaxed tone ahead of his televised appearance, which could last for five days, tweeting a video on Sunday of himself dancing and singing

    “Zuma must fall” before laughing heartily.

    “The commission asked me to come to testify and put forward any information that I might have”, he told members of the forth estate last week.

    “We will see how things pan out, but I am going there”.

    The former President is accused of nurturing a culture of corruption during a nine year reign before he was ousted in 2018 by the ruling ANC Party and replaced by Cyril Ramaphosa. As 200 members of the public are to attend the hearing on a first come, first served basis; supporters of Zuma and opponent are expected to gather for a boisterous rallies outside the inquire commission venue.

    Zuma (77) is not legally required to appear at the inquiry into the so called “State Capture” scandal and it is unclear if he will cooperate with any cross examination. He has denied all wrongdoing and dismissed the concept of “State Capture”, while his lawyers have described the inquiry as an attempt to “ambush and humiliate” him.

    Led by Judge Raymond Zondo, the crux of the matter; is to investigate a web of deals involving government officials, the wealthy Gupta Family and State own companies. According to Angelo Agrizzi, one of the inquire witness said Zuma allegedly accepted a monthly $ 2,200 bribe delivered in luxury bags for a contracting firms that was trying to evade police investigation. The money was in theory for his charity foundation. Aggrizzi said, his company also organized free parties, bulk alcohol supplies and birthday cakes to keep favor with Zuma’s associate.

    Former Finance Minister Nhlanhla Nene who was dismissed by Zuma in 2015, testified that Zuma pushed policies on nuclear power and aviation that were designed to benefit the Gupta Family. The Gupta Brothers are accused of fraudulently profiting from government contracts including energy and transport deals under Zuma. The Gupta’s owned a uranium mine which would have seen profits rise from the nuclear deals as a portfolio of mining, technology and media companies.

    Former Deputy Minister of Finance Mcebisi Jonas told the inquiry that, the Gupta s offered him the Finance Minister’s job and even threatened to kill him after he refused to accept a $ 40 million bribe.

    Zuma was forced to set up the inquire in January 2018 shortly before he left office after failing in a legal battle to overturn the instructions of the country’s ethics ombudsman. Zuma has separately been charged with sixteen counts of graft linked to an arms deal before he became President.

    The Indian born Gupta Brothers- Ajay, Atul and Rajesh have left South Africa and are now based in Dubai. They also deny any wrong doing.

    For New Africa Business News Abdul Rahman Suagibu Reports,  Africa Correspondent

    Facebook: newafricabusinessnews.com

    Email: Info@newafricabusinessnews.com

    AFRICA’S MOST READ AND FASTEST GROWING GLOBAL NEWSPAPER – www.newafricabusinessnews.com

    ADVERTISING OPPORTUNITY
    NEW AFRICA BUSINESS NEWS IS GOING TO START ADVERTISING FOR COMPANIES, GOVERNMENTS, NGO’s AND FOUNDATIONS IN A FEW MONTHS TIME. YOU CAN ADVERTISE AS LOW AS $11,000.00 PER MONTH PRICE LOCKED FOR UP TO 60 MONTHS. TAKE ADVANTAGE OF THIS GLOBAL, UNLIMITED, OPPORTUNITY WITH AFRICA’S FASTEST GROWING GLOBAL NEWSPAPER. FOR INFORMATION CONTACT US …………..   INFO@NEWAFRICABUSINESSNEWS.COM
    About the Author
    New Africa Business News Staff Correspondent
    • google-share
    Previous Story

    Nigeria’s Population Hits 190 Million Official

    Next Story

    Tanzania Mulls over Dynamic Campaign to end Poaching

    Leave a Reply Cancel reply

    *
    *

    Members Area

    • Members Log In

    RECENT

    POPULAR

    COMMENTS

    AfDB President Dr. Akinwunmi Adesina has underscored the significance of Africa Restraining its Reserves and Manufacturing Lithium Batteries for Electric Vehicles to be part of the Global Electric Vehicle Revolution

    Posted On 02 Jun 2023

    African Development Bank’s 2023 African Economic Outlook Projects Africa to Become the Second-Fastest Growing Region After Asia

    Posted On 01 Jun 2023

    Ambassador Albert Muchanga African Union Commissioner for Trade And Industry – exhorted African Administrations to Marshal Mobile Domestic Finance by ways to carry out AU’s Agenda 2063

    Posted On 30 May 2023

    New Africa Business News, Africa Leader of the Year 2022-2023 Goes to Ethiopia's Prime Minister Dr. Abiy Ahmed

    Posted On 24 Feb 2023

    New Africa Business News 2022-2023 Person of The Year Goes to Professor Patrick Loch Otieno Lumumba (PLO Lumumba)

    Posted On 05 Jan 2023

    New Africa Business News, Person of the Year 2021-2022, Goes to African Women

    Posted On 29 Jan 2022

    Thanks for reading, Africa’s fastest...

    Posted On 26 Feb 2023

    Thanks for reading, Africa’s fastest...

    Posted On 26 Feb 2023

    Thanks for reading, Africa’s fastest...

    Posted On 26 Feb 2023

    Facebook

    Latest Posts

    AfDB President Dr. Akinwunmi Adesina has underscored the significance of Africa Restraining its Reserves and Manufacturing Lithium Batteries for Electric Vehicles to be part of the Global Electric Vehicle Revolution

    African Development Bank’s 2023 African Economic Outlook Projects Africa to Become the Second-Fastest Growing Region After Asia

    Ambassador Albert Muchanga African Union Commissioner for Trade And Industry – exhorted African Administrations to Marshal Mobile Domestic Finance by ways to carry out AU’s Agenda 2063

    Recent Posts

    • AfDB President Dr. Akinwunmi Adesina has underscored the significance of Africa Restraining its Reserves and Manufacturing Lithium Batteries for Electric Vehicles to be part of the Global Electric Vehicle Revolution
    • African Development Bank’s 2023 African Economic Outlook Projects Africa to Become the Second-Fastest Growing Region After Asia
    • Ambassador Albert Muchanga African Union Commissioner for Trade And Industry – exhorted African Administrations to Marshal Mobile Domestic Finance by ways to carry out AU’s Agenda 2063
    • African Nations Exhorted to take on Modern Sustainable City Planning to enable Stave Off Prospective Emergencies
    • South Africa’s Informal Economy Shows Signs of Movement to Switch toward Cashless Economy, Study

    Categories

    • Business
    • Education
    • Entertainment
    • Featured
    • Government
    • Immigrants
    • Investment
    • News
    • NGO
    • Obituary
    • Opinion
    • Public Notice
    • Sport
    • Video

    Tag Cloud

    african economy business africa

    Contact Form

    1. Name *
      * Please enter your name
    2. Email *
      * Please enter a valid email address
    3. Message *
      * Please enter message
    Copyright 2019 New Africa Business News, Inc. A Global International Company, Inc. All Rights Reserved.