South Africa: Arms Deal - Thales SA Tries to Distance Itself From the Financing of Zuma's Lifestyle

analysis

Thales South Africa argues that it had a legitimate business partnership with Jacob Zuma's former financial adviser and convicted fraudster, Schabir Shaik, and that it was unaware that Shaik was financing the former president's lifestyle via a corrupt 'retainer'.

Thales South Africa, the French arms company subsidiary that is expected to stand trial alongside former president Jacob Zuma, believes the office of the National Director of Public Prosecutions (NDPP) lacks the evidence to charge the company with racketeering.

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