Zambia's President Rupiah Banda gestures during the Reuters Africa Investment Summit held in Johannesburg March 8, 2011.REUTERS/Siphiwe Sibeko
LUSAKA (Reuters) - A Zambian court on Monday cleared ex-president Rupiah Banda of corruption in an oil procurement deal.
Banda, who ruled Zambia from 2008 to 2011, had been accused of sealing the government-to-government oil contract with Nigeria when president in order to benefit himself and his family by $2.5 million.
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