Wednesday, August 17, 2022
HomePolitics$80 million found stashed in mattresses at Ramaphosa's farm

$80 million found stashed in mattresses at Ramaphosa’s farm

Cyril Ramaphosa’s unexplained millions stashed under mattresses at his farm: estimated to be $80 million (R1.24 billion)

President Cyril Ramaphosa allegedly kept large sums of money in foreign currency, estimated to be $80 million (R1.24 billion), “concealed” under mattress and couches at his farm in Bela-Bela, Limpopo.

It has been established that the money was allegedly stolen by five Namibians who conspired with his domestic worker in February 2020.

Ramaphosa has allegedly failed to report the matter to any police station. Instead, he allegedly paid the suspects, including his domestic workers, R150 000 each not to reveal the incident to anyone after they were traced and apprehended.

Ramaphosa allegedly solicited the services of his head of the Presidential Protection Unit, Major-General Wally Rhoode, to investigate the matter without reporting it at any police station.

Rhoode, in return, got a local farmer, who is a neighbour at Ramaphosa’s Phala Phala Farm in Bela-Bela, to assist him with the investigation to trace the thieves.

Ramaphosa’s spokesperson, Vincent Magwenya, confirmed that there had indeed been a robbery at the president’s farm.

The admission came after former State Security Agency and Correctional Services director-general Arthur Fraser opened a criminal case against Ramaphosa at Rosebank police station.

The case was registered on Wednesday with Fraser saying Ramaphosa and Rhoode must be investigated for money laundering, corruption, and kidnapping.



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