Put the alleged crime aside, the optics aren't great for Ramaphosa - analyst

Loading player...
Former spy boss Arthur Fraser, who’s also the man who freed former President Jacob Zuma on medical parole when he was Correctional Services head, this week laid a criminal complaint against President Cyril Ramaphosa. Fraser claims he has the evidence to prove that Ramaphosa concealed the February 2020 theft of +-$4m (R62m) in cash by criminals working in concert with his domestic helper at his farm in Limpopo. The charges Fraser wants investigated are vast and serious. They include defeating the ends of justice, kidnapping of suspects, their interrogation on Ramaphosa’s property, and bribery. The Presidency has confirmed the robbery saying the proceeds came from “the sale of game” but wouldn’t confirm the amount stolen, only saying Fraser's suggested amount is "hugely inflated". The President’s spokesperson Vincent Magwenya says Ramaphosa stands ready to cooperate with any law enforcement investigation. BizNews editor Michael Appel speaks to analyst at the Institute for Global Dialogue, Sanusha Naidu, about Fraser’s possible motives for laying these charges against Ramaphosa now, as well as the optics surrounding this saga. The move comes just six months before Ramaphosa seeks re-election at the ANC’s elective conference in December. Critically, the State Capture Inquiry will also soon be releasing its final report into, among other workstreams, the State Security Agency that Fraser presided over under a cloud of corruption. Learn more about your ad choices. Visit megaphone.fm/adchoices
5 Jun 2022 3AM English South Africa Investing · Business News

Other recent episodes

BN Daybreak: Ramaphosa interdict bid; Fed holds rates; Fauci's Fifth Amendment; Zambian kwacha

In today's episode, the Fed leaves interest rates unchanged amid a fractured vote and market sell-offs. Locally, four parties are challenging President Ramaphosa's impeachment interdict, while Treasury controversially releases funds to 69 failing municipalities. We also cover Dr. Fauci invoking the Fifth Amendment regarding the Covid-19 response, Zambia's kwacha surging…
29 Jul 11PM 16 min

Murder, mayhem, treachery, and court battles = SA politics: Solly Moeng

In his latest interview with Chris Steyn, Political Commentator Solly Moeng, talks about four political parties joining in a Constitutional Court bid to try and overturn President Cyril Ramaposa's impeachment committee interdict; a murder investigation into the death of General Sindile Mfazi, who was investigating an unauthorised undercover operation to…
29 Jul 5AM 15 min