A recently released document connects a Cape Town-based property developer to the cash involved in the farmgate scandal.
Also read: President Cyril Ramaphosa denies Phala Phala farm money laundering
A Cape Town-based property developer has emerged as being allegedly involved in helping Bejani Chauke, President Cyril Ramaphosa’s special adviser, store more than 20 million dollars in cash three weeks after charges were laid against the president.
According to Independent Online, this information is in a document written by Arthur Fraser, who used to be the Director-General of State Security.
The document is said to form part of UDM leader Bantu Holomisa’s submission to the independent parliamentary panel and is believed to have been supplied to assist the Hawks in the investigation.
The document claims that the owner of a property company was contacted by Chauke three weeks after the charges were laid against the president.
According to the document’s contents, Chauke is “said to have moved $20 million in cash” for “safekeeping.”
“He is known to bring large amounts of foreign currency into South Africa from the Middle East without declarations, through Cape Town International Airport.
Information received indicates that all his properties bought are cash purchases.”
The document claims that the property portfolio is valued at R800 million.
Also read: New presidential protection head for Ramaphosa in the midst of the Phala Phala scandal
Established in 2016, the company involved is listed as an independent real estate company operating from Lansdowne and specialising in buying, developing, and managing residential rental properties in the Southern suburbs.
Hawks spokesperson Thandi Mbambo said to IOL, “We can confirm that the investigation pertaining to the robbery at Phala Phala and subsequent corruption, fraud and money laundering investigation still continues.
“To protect the integrity of our investigation we are unfortunately not at liberty to disclose who is and has been questioned pertaining to the matter, but it is safe to say, no stone will be left unturned.”
Read more on IOL.co.za
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