Streaming issues? Report here
702 logo Gradients 702 logo Gradients
Best of 702
00:00 - 04:00
volume_up
volume_mute

Up Next: Early Breakfast with Africa Melane
See full line-up
Best of 702
00:00 - 04:00
Home
arrow_forward
Politics

'Punitive cost order has placed Jacob Zuma firmly in a financial corner'

14 October 2019 11:55 AM
Tags:
Jacob Zuma
Arms manufacturer Thales
permanent stay of prosecution
corruption case

Tiso Blackstar specialist reporter Karyn Maughan weighs in on the former president's corruption case that begins on Tuesday.

The Pietermaritzburg High Court has dismissed the applications for permanent stay of prosecution in the corruption case faced by former South African president Jacob Zuma and arms manufacturer Thales, with costs.

The former president is expected to be tried on 18 charges of fraud, corruption, money laundering and racketeering on Tuesday.

RELATED: Zuma trial: 'We are dealing with the godfather of South African politics'

The charges date back to 2005 when the former president received 783 payments totalling over R4m from his then-financial adviser Schabir Shaik.

Eusebius McKaiser chats to Tiso Blackstar specialist reporter Karyn Maughan to give more insight on the case.

RELATED: 'There is no case here, no corruption charge, it is just a political vendetta'

Jacob Zuma, as a consequence of those judgments that were accumulated in the path to where we find ourselves now, this judgment was essentially constructed out of all the rulings that were previously given against him.

Karyn Maughan, Specialist reporter - Tiso Blackstar

The court also found that Zuma is liable for cost orders of the case.

As a consequence of another ruling given against him, he no longer has access to state funding of his legal fees, he has to reimburse R60m on this case. The consequence of a punitive cost order, he is painted into a firm corner financially, I honestly don't know what he is going to do.

Karyn Maughan, Specialist reporter - Tiso Blackstar

She says even if Zuma wanted to appeal this decision, she is not sure that he has the money to do so.

Listen below to the full conversation on Jacob Zuma's legal woes:


14 October 2019 11:55 AM
Tags:
Jacob Zuma
Arms manufacturer Thales
permanent stay of prosecution
corruption case

More from Politics

Covid-19 testing statistics modelling 123rf

UPDATE: SA COVID-19 recovery rate reaches 90%

27 September 2020 9:21 PM

There were 15,028 new tests conducted and 22 new coronavirus-related deaths. New infections were 1.268.

Share this:
Read More arrow_forward

factory-production-manufacturejpg

SA economy: 'Manufacturing remains an engine of growth and must be prioritised'

23 September 2020 6:53 PM

The sector is at a tipping point. Arabile Gumede interviews Philippa Rodseth from industry body, the Manufacturing Circle.

Share this:
Read More arrow_forward

zwanejpg

Witness confirms that Mosebenzi Zwane knew about illegal activities

23 September 2020 12:49 PM

According EWN reporter Nthakoana Ngatane, Mokoena says the former MEC came up with the idea of prepayment.

Share this:
Read More arrow_forward

Corruption money bribes 123rf

More whistleblowers report corruption during pandemic, police top the list

22 September 2020 6:43 PM

Corruption Watch has released its 2020 report on corruption trends. Arabile Gumede interviews CW's Kavisha Pillay.

Share this:
Read More arrow_forward

screen-shot-2020-09-22-at-71026-ampng

'KPMG allowed itself to be used to justify actions that had already been taken'

22 September 2020 7:48 AM

Professor Wiseman Nkuhlu reflects on his new book titled Enabler or Victim: KPMG SA and State Capture.

Share this:
Read More arrow_forward

SAA

We’ll find the money (R10.5bn)! We won’t allow SAA to die – Public Enterprises

21 September 2020 6:23 PM

The "new" SAA needs more than R10 billion to take off. Arabile Gumede interviews Intellidex’s Peter Attard Montalto.

Share this:
Read More arrow_forward

Judge courts justice judgment law legal 123rflegal 123rflaw 123rfpolitics 123rf

New York court grants IDC order to have access to Gupta family financial records

21 September 2020 12:44 PM

News24 journalist Kyle Cowan gives more insight on what the ruling will mean for the attempt to prove that money was laundered.

Share this:
Read More arrow_forward

Nigeria flag nigerian 123rf 123rfAfrica 123rfBusiness

'March to Nigerian Embassy against crime could fuel xenophobic violence'

21 September 2020 7:43 AM

Human Rights Watch South African director Dewa Mavhinga reflects on the planned march to the Nigerian Embassy against crime.

Share this:
Read More arrow_forward

South African Airways SAA 123rf 123rfbusiness

Government commits to give SAA R10.5bn but where will this money come from?

18 September 2020 1:01 PM

Daily Maverick journalist Ray Mahlaka and Sacca president Zazi Nsibanyoni-Mugambi reflect on government's commitment.

Share this:
Read More arrow_forward

Herman Mashaba

Action SA given mandate by 2.4 million citizens to run for elections - Mashaba

18 September 2020 7:17 AM

Party leader Herman Mashaba says it is time for citizens to elect people who will serve them and not their political needs.

Share this:
Read More arrow_forward