Crime
South Africa President Speaks On Resigning Over Money Laundering

South Africa President Speaks On Resigning Over Stolen Money
President of South Africa, Cyril Ramaphosa will not resign despite a scandal over money stolen from his farm, his spokesman says.
The row centres on claims he kept large sums of cash on his property then covered up its theft.
A panel of legal experts concluded that he has a case to answer.
On Sunday and Monday, the top leadership bodies of the African National Congress (ANC) are due to meet to decide the party’s next steps.
But Ramaphosa’s spokesman suggested he would fight on, and rather than quit would seek a second term as leader of his African National Congress party.
“President Ramaphosa is not resigning based on a flawed report, neither is he stepping aside,” Vincent Magwenya said.
“It may be in the long-term interest and sustainability of our constitutional democracy, well beyond the Ramaphosa presidency, that such a clearly flawed report is challenged,” he added.
The scandal erupted in June, when a former South African spy boss, Arthur Fraser, filed a complaint with police accusing the president of hiding a theft of $4m (£3.25m) in cash from his Phala Phala game farm in 2020.
Mr Ramaphosa admitted that money had been stolen, but said it was $580,000, not $4m.
The president said the $580,000 had come from the sale of buffalo, but the panel, headed by a former chief justice, said it had “substantial doubt” about whether a sale took place.
The panel’s findings have been handed to parliament, which is set to examine them and decide whether or not to launch impeachment proceedings against the president.
Mr Ramaphosa is also under pressure from the opposition, as well as rivals from his governing ANC, to resign.
The scandal is especially damaging for Mr Ramaphosa because he came to power vowing to clear up the corruption which had dogged the country under his predecessor, Jacob Zuma.
The ANC remains deeply divided between supporters of Mr Zuma and those who back Mr Ramaphosa.
Mr Ramaphosa will be challenged for the ANC’s leadership by his former health minister Zweli Mkhize, who has also been accused of corruption. He denies the allegations.

-
Headline7 days ago
Drama As Angry Woman Strips Naked In Bank Over Scarcity Of New Naira Notes (Video)
-
Brands and Marketing1 week ago
BREAKING: CBN Extends Deadline For Old Naira Notes
-
Entertainment1 week ago
Popular Singer Shakira Reacts After Ex Footballer Husband Goes Public With New Girlfriend (Video)
-
Headline1 week ago
BREAKING: Police Stop Tinubu/Shettima Grand Rally In Niger State
-
Headline6 days ago
Shocking As Couple Leave Baby At Airport Check-in To Avoid Paying More For Flight
-
Headline1 week ago
Top Newspaper Headlines Today, Monday, 30th January 2023
-
Entertainment4 days ago
Videos: Nollywood Actor Mr Ibu First Son And Adopted Daughter Reveals Shocking Details On Allegations Levelled Against Her By Supposed Mom
-
Entertainment1 week ago
BBNaija Stars Attack Nedu Over Calling Female Housemates “Sluts
-
Crime7 days ago
Police Shot Two Legs Amputee Eight Times In US, Gives Reason (Video)
-
Brands and Marketing4 days ago
Naira Redesign: CBN Boss, Emefiele Gives Solution On How To Access New Naira Notes