Top news items in major S. African media outlets

The following are highlights of major South African media outlets on Friday.

-- The controversy over the arms deal was not eased with the release of the Seriti Commission report on Thursday, as it may end up in the Constitutional Court.

An investigation by a commission, chaired by Judge Willie Seriti, found no evidence of fraud, corruption or bribery in the R46.7 bln procurement package, though it has been dogged by allegations thereof.(Business Day).

-- Three Cabinet ministers have been assigned to "engage" with the four banks that gave notice to close the bank accounts of a Gupta-owned company to find a lasting solution.

Minister in the Presidency Jeff Radebe told journalists Thursday afternoon that in its meeting held on April 13, the Cabinet noted the actions of the four banks that gave notice to close the bank account of a company. He did not mention Oakbay or the Guptas by name.(City Press).

-- Schabir Shaik is considering a fresh challenge against his guilty verdict following the release of the arms deal report which found no evidence of any corruption in the country's acquisition of military equipment worth R43 billion.

Shaik, who is on medical parole, was sentenced in 2006 to 15 years in prison for facilitating a bribery deal between Zuma and French Arms company Thomson-CSF in 1999.(The Star) Endit