Thatcher Posts Bail to End S.Africa House Arrest

Mark Thatcher, arrested in South Africa last week on suspicion of financing an attempted coup in oil-rich Equatorial Guinea, was released from house arrest Friday after posting 2 million rand bail. Court officials and Thatcher's legal team confirmed that the security bond -- worth about $300,000 -- had been placed with the court. "The bail has been paid by Mr. Thatcher through his attorneys," court spokesman Hisham Mohammed said. Defense attorney Peter Hodes confirmed payment had been made, but declined to comment on recent media speculation that Thatcher's mother, former British Prime Minister Margaret Thatcher, had contributed. Thatcher, 51, must now remain in the Cape Town region until his next court appearance on Nov. 25.[more ]