Jacob Zuma could face US investigation for R422m Gaddafi deal

Jacob Zuma could face US investigation for R422m Gaddafi deal

- An explosive report claimed that Jacob Zuma had helped Muammar Gaddafi hide millions at Nkandla

- The former president may well be facing a probe from the United States government for his involvement

- Zuma allegedly received a R422 million kick-back for his involvement in the scandal


The Sunday Times recently released a report claiming that Jacob Zuma had assisted Muammar Gaddafi hide his 'missing millions' in a bunker at Nkandla.

According to The South African, Mzansi has been wondering whether or not the former president will face prosecution over his involvement.

Zuma may well be facing an investigation from the United States over this latest allegation that he came to the aid of the dictator.


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Briefly.co.za reported earlier that Gaddafi had allegedly been fearful that his reign was coming to an end and had sought out hiding places for his millions.

While Jacob Zuma is currently accused of storing the funds, it is now reported that the dollars had been moved to Eswatini, where the current king has allegedly told President Cyril Ramapohsa he is in possession of the stolen money.

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This could turn out to be a death blow for Zuma, with laws in place dictating that any crime committed using US currency falling under the jurisdiction of the nation. Legal experts, White and Case, explained that:

“Virtually every dollar-denominated transaction potentially implicates US commerce with other nations. US enforcement authorities increasingly operate on the assumption (unless convinced otherwise) that they have jurisdiction for such offences whenever a suspect transaction is denominated in US dollars.”

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A recent example of this was Mozambican minister, Manuel Chang, who was detained earlier this year after committing fraud and corruption using US dollars in illicit transactions.

Considering that Zuma is accused of stashing Gaddafi's legendary 'missing millions' in dollars, the case falls under foreign jurisdiction of American officials.


Source: Briefly.co.za

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