The rand is down 0.9% to the dollar since the report was released - dropping to R17.15. However the fall in relation to the pound has been much steeper - falling 1.6% to reach R20.60.I have reached out to some of Ramaphosa's closest allies who have expressed absolute shock at the findings of the Section 89 Panel. One close ally said:"things just got real".There appears to be no clarity yet on the way forward and for now they are grappling with how Ngcobo came to his conclusions.
“The conclusions of the panel require careful reading and appropriate consideration in the interest of the stability of government and that of the country,” the statement read. Furthermore, Ramaphosa’s office is giving consideration to the report and an announcement will be made in due course.Minutes after the independent panel's report on the Phala Phala matter was published, presidential spokesperson Vincent Magwenya's media engagement, scheduled for Thursday, has been cancelled.
The independent panel appointed by National Assembly Speaker Nosiviwe Mapisa-Nqakula to investigate whether there was any evidence of wrongdoing on President Cyril Ramaphosa's part in the Phala Phala saga has said there exists “prima facie” evidence that he breached anti-corruption laws.
The NPA_Prosecutes must arrest Ramaphosa
the money launderer has got no place to hide
🤣😂🤡
Sure he does ...
Clown 🤡 MaShaba
He def did say Cyril's conduct was criminal concerning Phala Phala.
🤣🤣🤣🤣🤣🤣🤣
They left The President part of his title out so that the story appear less impactful.. Great job with the media tactics
It's actually a miracle ActionSA is not for Cyril Ramaphosa as the also security guard white privilege
Somthing common to find a seating president violated or guilty.
Special NEC meeting.
When did Mr Mashaba said that?
The only insight we get from this is that Mr Mashaba has less credibility in legal matters than may have been assumed about a person who attempts to lead towards a better SA. Surely criminality is a competency of Judges who assess evidence within a legal context, not fabrication!
Law Law Latest News, Law Law Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
What Ramaphosa told Section 89 panel about Phala Phala robberyPresident Cyril Ramaphosa has told the section 89 panel of legal experts, headed by former chief justice Sandile Ngcobo, exactly what transpired on his Phala Phala farm when foreign currency were stolen in December. 'Exactly what transpired' 😳😳😳 How do you know that he told them exactly In December? Which December?
Source: TimesLIVE - 🏆 28. / 59 Read more »
Ramaphosa may have seriously violated law on Phala Phala: Ngcobo panelPresident Cyril Ramaphosa may have committed a serious violation of the law and serious misconduct in terms of the constitution. President Cyril Ramaphosa committed a serious violation of the law and serious misconduct in terms of the constitution Step down please Nothing stops his excellency president DD Mabusa from addressing his nation tonight at Union Buildings unless if he's still in Russia
Source: TimesLIVE - 🏆 28. / 59 Read more »