Opposition parties pressure Bank on Phala Phala probe
Institution has to report as soon as possible on foreign-exchange declarations by president
17 August 2022 - 13:06
UPDATED 17 August 2022 - 19:16
The Reserve Bank will be required to report as soon as possible to parliament’s finance committee on its investigation of foreign-exchange declarations by President Cyril Ramaphosa.
Hundreds of thousands of US dollars were stolen from the president’s Phala Phala game farm in Limpopo in 2020, prompting allegations of a possible cover-up by those near the president...
Would you like to comment on this article?
Sign up (it's quick and free) or sign in now.
Please read our Comment Policy before commenting.
Subscribe now to unlock this article.
Support BusinessLIVE’s award-winning journalism for R129 per month (digital access only).
There’s never been a more important time to support independent journalism in SA. Our subscription packages now offer an ad-free experience for readers.
Cancel anytime.
Questions? Email helpdesk@businesslive.co.za or call 0860 52 52 00. Got a subscription voucher? Redeem it now.