This is another attempt to cover up President Ramaphosa's involvement,' said ActionSA leader Herman Mashaba.
“On the facts available to it, the Sarb finds that there was no perfected transaction and thus the Sarb cannot conclude that there was any contravention of the Exchange Control Regulations ) by Ntaba Nyoni Estates CC or for that matter by the president,” Governor Lesetja Kganyago said in his report.
However, director of student governance and development at the Nelson Mandela University, Dr Bernard Sebake, said: “It means money can come and get out of the country – and here I’m talking about foreign currency – without the Reserve Bank accounting for it, it looks very worrisome. Sebake added that the matter was “not about to die down despite ample protection he receives, because public protector Kholeka Gcaleka’s report, which also cleared Ramaphosa, to be put under judicial review”.
North-West University professor and political analyst André Duvenhage said the report was making things a lot easier for Ramaphosa, despite the debate in political circles claiming he was guilty.
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