President Cyril Ramaphosa denies Phala Phala farm money laundering

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President Cyril Ramaphosa has denied claims that money stolen from his Phala Phala farm was proceeds of money laundering during his Q&A session in Parliament on Thursday:

President Cyril Ramaphosa has denied claims that money stolen from his Phala Phala farm was proceeds of money laundering during his Q&A session in Parliament on Thursday.from some of the National Assembly members. The sessions took a chaotic turn when some of the members felt he was not being too forthcoming and honest regarding his dealings.

However, for the first time, the president gave a little bit of information on the burglary farm saga denying any form of money laundering. During the question session in the National Assembly, Ramaphosa was asked by Democratic Alliance leader John Steenhuisen why, if the theft of foreign currency from the farm in Limpopo was reported to a police general as he claimed, no case was opened.

“I reported it as one would report, and when you report to a police general you expect that processes will unfold in the way that they should, and in the end, the police general will be able to answer that question,” he responded. Ramaphosa said there was no abuse of power on his part and to his mind, he had duly reported the theft to a policeman.

 

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