The South African Reserve Bank (SARB) has revealed its findings into President Cyril Ramaphosa’s Phala Phala Farm saga.
The SARB cleared cleared Ramaphosa of any wrongdoing in its investigation into millions of undisclosed foreign currency that was stolen from his Phala Phala Farm.
The former State Security Agency boss Arthur Fraser opened a case of, money laundering and corruption against President Cyril Ramaphosa at the Sandton police station.
He said millions of United States dollars that were stashed in sofas and mattresses were stolen at the farm, and the matter was never reported to the police.
In addition to that, the thieves were allegedly caught, tortured at the farm and paid not to disclose the matter to anyone.
Ramaphosa told South Africans that he got the money through selling of his cattle and game animals at the farm.