Register now for Fin24 Dashboard and get access to portfolios, watchlists, financial comparison tools, and a whole lot more to help you achieve your financial goals.

Data provided by McGregor BFA
All data is delayed
Loading...
Where am I? Home
 
Prices are delayed by 15min.
Join the Fin24.com conversation about JSE-listed stock by using every time you tweet.

Arms deal court case delayed

May 05 2011 12:45 sapa

Related Articles

SA arms deal to cost R70bn: report

Tanzania asks for SA Navy help

SA aims for substantive trade deal

SA sold R70m worth of weapons to Libya

Arms deal tally rests at R47.2bn

 

Top Stories

Cell C move sparks price war

May 27 2012 11:21

There's a price war raging between South Africa's cellphone networks after Cell C lowered the rates of its prepaid calls by more than 34%.

Tupperware agents incensed by fakes

May 27 2012 11:49

The country's 200 000-odd Tupperware agents are angry about the counterfeit products being sold as the real McCoy.

Another golf estate victim

May 27 2012 13:09

The oversupply of golf estates has claimed another victim.

 
Share Share line Print
Johannesburg - An application for the Constitutional Court to compel President Jacob Zuma to order a commission of inquiry into a controversial arms deal spluttered to a halt on Thursday.

This was because the president decided to focus on the legal technical aspect of retired banker Terry Crawford-Browne's application for direct access to the court and did not file an affidavit responding to factual claims in the application.

The court also heard that the last refusal in 2008 to appoint a commission, by former president Kgalema Motlanthe, was due to an ongoing investigation by the now defunct Scorpions.

There is currently no investigation into aspects of the multi-billion rand deal which at one point saw Zuma himself facing a trial for corruption for allegedly receiving a bribe from arms company Thint - allegedly facilitated by his now paroled former financial adviser Schabir Shaik.

The judges said it would be unfair to decide the case based only on facts presented by Crawford-Browne and became irritable at the idea of a postponement so that Zuma could file an affidavit replying to the factual allegations.

Zuma's counsel Marumo Moerane said that they responded according to directions sent by the court.

But Crawford-Browne's counsel Paul Hoffman and the judges rejected this, saying earlier directions should have alerted the president to the problem.

Eventually it was decided to adjourn briefly for an application for postponement to be prepared.

 

 
 
Comment on this story
2 comments
Add your comment
Comment 0 characters remaining
Facebook's intrinsic value
May 23 2012 11:32

When it comes to judging a company’s worth, value investors like Warren Buffett look at intrinsic value. By that measure, Facebook’s shares are worth less than $10. A Reuters analyst breaks down the math. (Reuters)

Perfin

I arranged two workshops in Cape Town at the Cape Chamber of Commerce offices as well as two computer based workshops, one on Google Adwords and another on Joomla Administrator at the training centre in Somerset West. Emarketing Workshops - http://emarketingworkshops.co.za/next-workshops 1. Interne... Read their blog...

Recently updated
Podcasts
The Sishen saga

Legal expert Peter Leon on the increasingly complex legal wrangle over the Sishen Iron Ore mine. Time: 8:17 Listen Here...

Before you list

Is the clarion call of the JSE calling? Listen to Fin24’s expert panel discussion before you list your small business. Time: 17:29

Compare and Buy

Compare and apply for hundreds of financial products from many suppliers.

Credit cards Medical aid Current accounts Think Money

Money Clinic

Money Clinic Do you have a question about your finances? We'll get an expert opinion.
Click here...

Loading...