EXCLUSIVE: Andile Ramaphosa admits Bosasa paid him R2m | CowansView
President Cyril Ramaphosa's son Andile has admitted that corruption-accused company Bosasa paid him R2m in a business deal he"sincerely regrets".
"It was a severe oversight on our part," he said of the glaring red flags he claimed to have missed before putting pen to paper. News24 was able to independently obtain the values and put this to Ramaphosa Jr, who confirmed the exact amounts.Ramaphosa Jr's company provided"advisory" work on a series of more than 20 government and private contracts in Uganda and Kenya, potentially worth"billions" of rands by his own admission.
In 2009, the Special Investigating Unit concluded a two-year investigation into Bosasa, finding evidence of bribes paid to DCS officials in exchange for the tenders. Data from National Treasury shows Bosasa and its subsidiaries were paid at least R12bn in the past 15 years.
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