Did Ramaphosa violate exchange controls? DA challenges SARB ...
Subscribers can listen to this article
President Cyril Ramaphosa is seen at the Nasrec Expo center.
The DA is adamant the South African Reserve Bank's (SARB) finding that President Cyril Ramaphosa and his Ntaba Nyoni Estate didn’t violate exchange controls by failing to declare $580 000 in buffalo sales cash is unconstitutional - and must be overturned.
In an application filed at the Gauteng High Court in Pretoria on Monday, the opposition party seeks a finding that Ramaphosa and Ntaba Nyoni Estate are guilty of exchange control violations.
In the alternative, it asks that the SARB be required to make a fresh determination on the saga within a three-month period.
Read this for free
Get 14 days free to read all our investigative and in-depth journalism. Thereafter you will be billed R75 per month. You can cancel anytime and if you cancel within 14 days you won't be billed.
Try FREE for 14 days
Already a subscriber? Sign in
Next on News24
WATCH | 'I'm still Public Protector,' says Mkhwebane after failing to pitch for duty over lack of protection
1h ago
Show Comments ()
