DA wants SARS and SARB to probe $4m theft at Ramaphosa's farm | News24

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DA wants SARS and SARB to probe $4m theft at Ramaphosa's farm | News24
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The DA has called on the South African Revenue Services and South African Reserve Bank to investigate allegations of a robbery at President Cyril Ramaphosa's farm. | CebohNyambose

The DA wants SARS and SARB to investigate President Cyril Ramaphosa's multimillion-dollar theft allegations.

On Friday, DA leader John Steenhuisen addressed two letters to SARS and the SARB over Ramaphosa's $4 million theft claims. Addressing the SARB, the DA said considering that regulations and exchange controls by the bank limited the amount of foreign exchange a person may hold, monitored illicit financial flows, and set requirements relating to the surrender of foreign currency, it was essential for both the maintenance of the rule of law and equality before the law that this matter was probed.

The Presidency confirmed that a robbery had taken place on Ramaphosa's farm in Limpopo on or around 9 February 2020, in which $4 million from the proceeds of the sale of game was stolen.

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