Woerfel had been accused of allegedly arranging a discount on a luxury 4X4 Mercedes Benz for former African National Congress Chief Whip Tony Yengeni.
At the time, Woerfel was the head of Daimler-Benz Aerospace AG's Pretoria representative office.
Daimler-Benz Aerospace was the manufacturer of the AT2000 -- which was then being considered with two other light fighter aircraft as part of South Africa's arms acquisition process.
Yengeni was sentenced to four years in prison on Wednesday after he was found guilty of fraud last month in terms of a plea agreement with the state.
The trail of Woerfel, who has pleaded not guilty, was to have continued separately after sentencing.
His lawyer, Mike Hellens, told reporters the withdrawal of charges against his client flowed from Yengeni's plea bargain with the State.
In terms of that agreement, Yengeni was guilty of fraud but acquitted on corruption for allegedly accepting the 47-percent discount on his Mercedes.
Hellens said Yengeni was acquitted of everything Woerfel was charged with.
The logical conclusion was that the State was unable to prove corruption against Woerfel, Hellens explained - Sapa
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