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I'm a bit late to this party, can someone explain?
What exactly is HE being accused of? Is the source of funds dirty? Is this listed anywhere?
- Breakin at farm he owns
- Large amount of cash stolen ( international )
- This was reported but the figure seems unclear
Everything changed for Ramaphosa when South Africa's former spy chief, Arthur Fraser, walked into a police station in June and accused him of money laundering, corruption and covering up a large theft of cash.
In a sworn statement, Fraser said thieves had raided Ramaphosa's Phala Phala game farm in February 2020, found at least $4 million in foreign cash hidden in furniture, and made off with the money.
Police opened a criminal investigation into the case after Fraser's statement, which raised questions about how Ramaphosa had acquired so much cash and whether he declared it. The media dubbed it the "farmgate" scandal.
Ramaphosa said there had been a break-in and that a much smaller amount of cash - proceeds from the sale of game - had gone. He denied covering up the crime, saying he was away when it happened and that he reported it when he got the details.
Fraser's sworn statement, which included security video footage and photos, said the gang got in via a perimeter fence, ransacked then house and spent some of their haul on new vehicles.
But , that all says nothing. There is a suspicion but no charges or actual investigation or proof of any wrong doing? The enquiry just stated that there is a likelihood but its heavily based on testimony of one person and has not been tested in court?![]()
Explainer: The Phala Phala farmgate scandal hanging over South Africa's Ramaphosa
South African President Cyril Ramaphosa has been under mounting pressure since an inquiry found evidence he may have committed serious misconduct in relation to a large amount of cash stolen from his game farm.www.reuters.com
Exactly...........But , that all says nothing. There is a suspicion but no charges or actual investigation or proof of any wrong doing? The enquiry just stated that there is a likelihood but its heavily based on testimony of one person and has not been tested in court?
Not sure about that.but no charges or actual investigation
Ramaphosa served as chairperson of the African Union from 2020 to 2021. Ramaphosa's estimated net worth was estimated at over R6.4 billion ($450 million) as of 2018.
...
Cyril Ramaphosa.
It's 100% infighting in the ANC...RET really wants to get back on the gravy train.Another thing;
From google:
Why wouldn't a man so powerful and wealthy keep a small cache of $4 mil cash handy?
If so small issue IMO.
I smell politics.
Article states that the enquiry has no legal standing so not a proper one.Not sure about that.
The panel's recommendations, which are not binding on lawmakers, are the first step in a lengthy process that could eventually lead to Ramaphosa's impeachment.
Depends on the NEC meeting today, but I think it's highly likely the NEC will tell him to **** off.^^
Interested to hear what you think @PrimeSteak ?
Some of them, for sure.Depends on the NEC meeting today, but I think it's highly likely the NEC will tell him to **** off.
Can't see that happening....since if the impeachment process puts him as guilty beyond doubt
Some of them, for sure.
Can't see that happening.
So regardless of what happens, Cyril is ****ed.
I'm a bit late to this party, can someone explain?
What exactly is HE being accused of? Is the source of funds dirty? Is this listed anywhere?
- Breakin at farm he owns
- Large amount of cash stolen ( international )
- This was reported but the figure seems unclear
And also, South Africa is ****ed...Depends on the NEC meeting today, but I think it's highly likely the NEC will tell him to **** off.
It's been in the media since yesterday that insiders and those close to Cyril say that he's considering resigning anyway.
If he opts to fight, it'll just smash the ANC across the back with a pipe more than they already have been, since if the impeachment process puts him as guilty beyond doubt and ANC pulls a unity and renewal and blocks the motion to remove him. It'll be a nightmare for them.
So regardless of what happens, Cyril is ****ed.
Chickens haven't hatched, not ready to count them yet.And also, South Africa is ****ed...
That could be plausible.I read somewhere that it might have been a bribe destined for the ANC coffers, and he is falling on his sword.