Andile Ramaphosa hires law firm to probe his business partnerships

Andile said their relationship dates back to January last year when his Blue Crane Capital partnered with Chen, to form a company called Blue Tree International, noting that the partnership was formed with the purpose of acquiring a majority shareholding stake in Mercantile Bank, which was up for sale at the time. Ramaphosa jr however pulled out of the bid after careful consideration.

Chen, who leads Hong Kong-listed company Sino Energy International, among other business enterprises,"was able to validate his financial muscle through the strength of his balance sheet – about R2bn was required to acquire Mercantile Bank".

I’m sure Ramaphosa regrets making this child 🤦🏼‍♀️ he is a problem

Malaysia Malaysia Latest News, Malaysia Malaysia Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

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 »