South Africa-Society-Corruption

Ramaphosa says prepared to testify before state capture probe

APA-Pretoria (South Africa)

South African President Cyril Ramaphosa has reiterated his commitment to appear before the Commission of Inquiry into State Capture in efforts to clarify his son’s business relations and a suspicious donation received from the besieged Africa Global Operations (AGO) company, formerly known Bosasa.

The president said this following recent developments around the matter, including new reports that his son, Andile Ramaphosa, through his company Blue Crane Capital, had received US$140 in payment for services rendered for AGO.

Ramaphosa first explained the matter in his letter to the Speaker of the National Assembly on 15 November 2018, the Presidency said in a statement issued on Wednesday, adding that the president provided the Ombudsman with a statement on the matter.

Andile has subsequently also made public details of his business relationship with African Global Operations.

In an effort to clear the matter, the presidency said in April 2017, Blue Crane Capital began discussions with AGO to explore possible business opportunities in some East African countries.

“According to information made public by Blue Crane, the contract stipulated a monthly retainer of $11,000; which was later increased to $16,000.

 “By the time Blue Crane terminated the contract in January 2019, following revelations at the Zondo Commission, AGO had paid Blue Crane around $140,000 for work done in fulfilment of the contract.”

NM/jn/APA

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