Former South Africa President Jacob Zuma Faces Corruption Charges in Arms Deal
Former South Africa President Jacob Zuma is facing corruption charges for being involved in a $2.5 billion (ZAR 30 billion – South African Rand) arms deal in the late 1990s. He is expected to be face 16 charges including racketeering, corruption, money laundering and fraud charges, and may face lengthy sentences if convicted.
“ Former South Africa President Jacob Zuma Faces Corruption Charges in Arms Deal “
On 14th February 2018, the former President Jacob Zuma was forced to step down by the African National Congress (ANC). Born in 1942, he became President of South Africa in 2009 and served for almost 9 years till 2018. South Africa has an economy of $295 billion in 2016, that is as large as Singapore ($297 billion) and Malaysia ($296 billion). His deputy Cyril Ramaphosa, became the new President of South Africa on the 15th of February 2018.
In 2016, the then South Africa President Jacob Zuma was forced to return some money for using state funds for multimillion upgrades to his private house.
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