Thales’ Challenging of Racketeering Charges Unsuccessful
Written by Mfundo on 22 January, 2021
By: Zilungile Mkhize
The Pietermaritzburg High Court has dismissed with costs, arms manufacturer, Thales’ challenge of a racketeering charge.
The court has today ruled that the company will have to face these charges.
Thales, along with former president Jacob Zuma stand accused of corruption linked to the 1999 multi-billion rand arms deal.
The company is accused of paying an annual bribe of R500,000 to former President Jacob Zuma, for protection from an investigation into the controversial arms deal.
The alleged bribe was facilitated by Zuma’s then financial advisor, Shabir Shaik.
Thales alleged that the NPA had wrongfully charged the manufacturer with racketeering.
Both Thales and Zuma are expected back in court on the 23rd of February.
