'It was not a gift or a favour' - Andile Ramaphosa on R2m Bosasa payment

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'It was not a gift or a favour' - Andile Ramaphosa on R2m Bosasa payment
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'I want to categorically state that it was not a gift or a favour. We have work done and these projects existed [sic].'

Andile said the money was"not a gift, bribe or a favour" but payment for the work they had done in East Africa.

"Our retainer kicked in as we incurred costs for the commencement of the projects. We employ a team of 12 people in Uganda."A solar-power installation for a large oil multinational; andBlue Crane Capital invoiced AGO in final settlement for amounts owing as agreed in the termination letter that was issued in November 2018.

"I have never embarked on a partnership with AGO or any others with corrupt intentions or a desire to subvert the law or due process for monetary benefit." He added:"I have never used my ‘influence’ in any business dealing. I have never offered to use my ‘influence’ to assist AGO or any other company to secure tenders, nor have I ever been in a position to do so. My company, Blue Crane Capital, has never conducted any business with the government or state-owned entities and has never entered into an obviously conflicted business arrangement within any section of the South African or any other government.

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