Natasha Marrian Deputy editor: Financial Mail

President Cyril Ramaphosa’s campaign team has gone into crisis mode, undertaking to audit all monies — from more than 200 individuals — that came into its coffers ahead of his election as ANC president, to ensure that “fundraising processes” and the “sources of funding” were “above board”. This is after Ramaphosa had to backtrack on a response to a parliamentary question by DA leader Mmusi Maimane about a payment of R500,000 from controversial security firm Bosasa. Ramaphosa said when he answered Maimane’s question he was unaware that the payment had been made as a donation to his campaign and not to his son Andile’s consultancy firm, as he had initially stated. Now Ramaphosa’s campaign management team has said he was not kept in the loop on the funding and fundraising had been intentionally ring-fenced from other campaign functions. Maimane told Business Day on Sunday that the matter showed the ANC was rotten to the core. The DA leader now wants Ramaphosa to set up an independent i...

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