Thursday , October 28 2021

The son of Ramaphosa denies receiving R500,000 of Bosasa's payment



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The son of President Cyril Ramaphosa denied that his payment in the amount of R500000 for corruption accused the Bosasa company was for his benefit.

Andile Ramaphosa spoke to News24 shortly after the president, responding to a question from leader DA Mmusi Maimane at the National Assembly on Tuesday, confirmed that he was aware that his son had a commercial relationship with Bosasa.

Maimane marked a proof of payment that has a handwritten note: "Payment of Andile Ramaphosa by instruction [Bosasa CEO] Gavin Watson "- and the party later released an affidavit of the auditor Peet Venter in which the payment is mentioned.

READ: Ramaphosa admits that his son did business with Bosasa

The payment of R500,000 of October of 2017 was realized to a bank account of Absa that considered count of trust of the lawyer. The name of the payment is "Efg2".

Venter claims that he was instructed by Watson to pay for the trust account and that was "by" Andile Ramaphosa.

The payment was made from the FNB bank account of the company Miotto Trading and Advisory Holdings, a company under the control of Venter but linked to Bosasa.

According to the judicial statement of Venter, he was instructed by Watson to transfer an amount of R3m from his personal bank account to the Miotto account.

He was trained to make a payment of R2.5m from the Miotto account for the purchase of a home for another Bosasa employee. The remaining R500,000 were paid to "Efg2".

"I have absolutely nothing to do with it"

Venter affirms in his affirmative statement: "They only said to me that it was for a foundation / trust of Andile Ramaphosa … I found this weird, but I would not dare ask Gavin Watson."

Ramaphosa said that he had been aware of the issue some time ago and questioned Andile "in the short term" on the matter and trusted that there was no irregularity or corruption.

However, he confirmed that his son had a legitimate business contract with Bosasa through his company, which offers financial consulting services.

Ramaphosa Jr stated that the particular payment that had marked DA had "nothing to do with it."


"My company has always done things correctly"


"I have absolutely nothing to do with that. I never received that payment," he said.

Ramaphosa Jr. He said that his company had exceptionally strict measures in place to prevent corrupt practices from entering into their offers.

He confirmed that he had been the father of his father on the subject.

"My business has always done things right. Any business that we enter, we tell our customers that's how we do things and we ask that they sign policies that would allow us to terminate at any time if problems like corruption arise. We have no shortcuts," he said .

"I take him to the police station"

Ramaphosa Jr. He said he welcomed a thorough investigation into the subject and hoped to find out why his name had been used.

Meanwhile, his father said in Parliament: "If there were any irregularities or corruption, I will be the first, I assure you that Mr. Maimane will be the first to make sure that you are responsible. I police myself."

LEARN ALSO: New life for the Bosasa processing after 8 years of delay

Bosasa spokesman, Papa Leshabane, told News24 that he accepted the version of Ramaphosa.

"If the president gave an explanation, we will continue what he says," said Tuesday Tuesday.

Bosasa, who changed its name to African global operations last year, has received headlines since 2008 for allegedly bribing prison officers in exchange for billions in competitions, including catering, security and fencing in prisons in the country.

Recently, News24 has revealed that Bosasa has installed CCTV and security systems in the houses of leaders and high profile ministries, including Gwede Mantashe and Nomvula Mokonyane.

The first deputy of the ANC and former president of the Constitutional Review Committee that studied the amendment of the Constitution on agrarian reform issues, Vincent Smith, received cash payments in a commercial account of Bosasa, which stated that they were loans.

Matters are now being investigated by the Parliamentary Ethics Committee.

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