President Ramaphosa and his team have dismissed the allegations as bizarre. But for Mmusi Maimane and his DA colleagues, everything seems to be adding up. It’s been revealed that money laundering charges could be brought against Cyril, once Public Protector Busisiwe Mkhwebane concludes her investigation.
Why is Busisiwe Mkhwebane investigating Cyril Ramaphosa?
At this point, it is speculative to suggest if Ramaphosa will be found guilty of any wrongdoing. The president had backtracked in Parliament last year, when asked about a suspicious R500 000 donation from corrupt firm Bosasa. His son Andile also entered into a lucrative business contract with the group worth up to R2 million.
The donation made to Cyril Ramaphosa and his CR17 campaign for the ANC leadership is said to have been made through several trust accounts held by attorneys. In his initial complaint to the PP’s office, Mmusi Maimane suggested this was the work of a money laundering outfit – an allegation which seems to be on Mkhwebane’s radar.
Mmusi Maimane vows to dish out the “Nkandla treatment”
Of course, any verdict which implicates Ramaphosa in suspicious financial activity is going to severely damage his reputation. But his job may also come under serious threat. Maimane clarified his party’s position on the issue following Monday’s media reports, and he explained how the DA would hunt down the president if found guilty.
“We have been explicitly clear in our call for the matter to be finalised, and for Parliament to establish an Ad Hoc Committee to consider the report and its findings – as it did with the Nkandla report.”
“An Ad Hoc Committee must be established without delay, and I have already written to the Speaker of the National Assembly, Thandi Modise, in this regard. This will leave no room for further speculation and allow the public and Parliament to hold President Ramaphosa to account for his actions.”
Not many friends in high places
Of course, should Ramaphosa be held accountable by a Parliamentary Committee, there’s no guarantee he’d get any favours from his fellow ANC members. The list of Committee Chairs was released earlier this month and the likes of Supra Mahumapelo and Faith Muthambi feature: They are said to represent a Magasule-lead, “pro-Zuma” faction of the party.
There’s been plenty of animosity between Magashule and Ramaphosa in recent times, and if any of the president’s suspected indiscretions were scrutinised to the point the Nkandla debacle was, it could be a slippery slope for the president.