South Africa News

Watson paid Ramaphosa’s son from personal account #StateCaptureInquiry

Former Bosasa auditor Peet Venter has confirmed that Bosasa CEO Gavin Watson paid President Cyril Ramaphosa’s son from his personal account.

Venter, who is testifying at the state capture inquiry, says he was instructed by Watson to deposit R500, 000 into the Andile Ramaphosa’s foundation trust.

The payment was allegedly made when Ramaphosa was the country’s deputy president.

It is alleged that the payment was for his campaign.

President Cyril Ramaphosa

“R500,000 was paid to EFG2 for Absa bank account. I was merely told it was for a foundation trust of Andile Ramaphosa, the son of Deputy President of the Republic of South Africa Cyril Ramaphosa. I found this strange, but wouldn’t dare question Mr Gavin Watson.”
Venter says he didn’t ask any questions because he feared Watson.

President Ramaphosa has maintained that he’s done nothing wrong in relation to Bosasa.

In addition, Venter also claimed that Watson also paid over R1-million to Hlaudi Motsoeneng’s legal fees.

Source: eNCA

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