In a bid to clean up his image, businessman Andile Ramaphosa‚ son of President Cyril Ramaphosa‚ has cut ties with a Chinese businessman implicated in state capture allegations.
He cut ties with Jianbao Chen‚ chair of Chinese company Huarong Energy Africa‚ after the company was alleged to have given Eskom a R25bn loan without the power utility following due processes. He added that had the bid for Mercantile Bank succeeded‚ the partnership would have resulted in him owning 13% of the bank‚ with Chen owning the majority 87%.
“The introduction to Chen came through the China Export and Credit Insurance Corporation via our China office. We were able to verify Jianbao’s legitimacy as a businessman and to ascertain his financial capability.
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Andile Ramaphosa hires law firm to review business relationshipsIt appeared the move may be an attempt to come clean after he recently admitted to receiving R2 million in a deal with the company formerly known as Bosasa. Due diligence after the fact 😏 whose fulling who here? Too late Waiting For CyrilRamaphosa to take Andile to police. Or is that just another Lie under the NewDawn namesake MYANC StateCaptureInquiry
Source: ewnupdates - 🏆 30. / 53 Read more »
Andile Ramaphosa hires law firm to probe his business partnershipsIn a bid to clean up his image businessman Andile Ramaphosa, son of President Cyril Ramaphosa, has cut ties with a Chinese businessman implicated in state capture allegations. I’m sure Ramaphosa regrets making this child 🤦🏼♀️ he is a problem
Source: TimesLIVE - 🏆 28. / 59 Read more »
'It was not a gift or a favour' - Andile Ramaphosa on R2m from BosasaLast week, President Cyril Ramaphosa's son admitted that Bosasa paid his company Blue Crane Capital the money as part of a business deal, which he now regrets. What then...a bribe? Then you need to tell us what it was. We would all like to know how to make 2 million without doing anything. Can i please get at least a R1m please and I mean President's son Andile doesn't need like I do
Source: ewnupdates - 🏆 30. / 53 Read more »
Andile Ramaphosa and the man who nearly scored a R400m Eskom kickbackDays before News24 was set to publish more details about another murky business partner of Andile Ramahosa, the president's son has issued a statement revealing details of the deal CowansView Stealing from the poor is lucrative business in SA. Andile and his father stole from Bosasa. CowansView Kahle kahle aba bantu inoba bathi simuncu. Basithele nqa thina silibele kukulwa necorruption. ANC is for sale. Vote ANC OUT! CowansView Hie nice to meet u after long struggle with yr daddy iomn our liberation
Source: News24 - 🏆 4. / 80 Read more »
Cosatu and UDM to Ramaphosa: Hand Andile over to police over Bosasa deals | The StarPresident Cyril Ramaphosa is in the firing line over his son’s questionable dealings with controversial company Bosasa. SiinaKanina Where is BladeNzimandeMP and Solly Mapaila.? Please explain the criminal offence in being paid for services rendered. Malicious prosecution is a crime But why must Ramaphosa “handover” Andile. Andile is an adult with rights and responsibilities like other adults in RSA. If he has done something wrong and ought to be arrested. Law enforcement must act NOT the Cyril Ramaphosa. Cyril would be interfering if he was to demand arrest
Source: IOL - 🏆 46. / 51 Read more »