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Takeaways from the Phala Phala Farmgate Inquiry

Takeaways from the Phala Phala Farmgate Inquiry(News Central TV)

After months of evading accountability on the origins of the suspicious foreign currency hidden under his sofas in the Phala Phala farm, an independent panel appointed to look into the farmgate allegations has found that President Cyril Ramaphosa has a case to answer to.

The Section 89 Independent Panel which was chaired by retired Chief Justice Sandile Ngcobo, had retired High Court Judge Thokozile Masipa and advocate Mahlape Sello as members submitted an 82-page report. It found that Ramaphosa “has a case to answer on the origin of the foreign currency that was stolen, as well as the underlying transaction for it”.

Here are the top six things to know from the findings:

  1. Money was “stored” or “concealed” in a sofa in the president’s private residence on the farm in Limpopo.
  2. The total sum of the foreign currency and how it got into the farm is unclear.
  3. The panel found there were more people who had knowledge of the robbery who could’ve provided answers. The report states that the truth into the February 2020 robbery lies in the “unanswered questions”.
  4. Ramaphosa has no direct knowledge of how the funds landed on his farm but relies on hearsay from Sylvester Ndlovu, who is the person to have allegedly received the foreign currency.
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