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Former Bosasa auditor found R500k payment to Andile Ramaphosa ‘strange’

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The former auditor of Bosasa, Peet Venter, told the commission of inquiry into state capture on Tuesday that he found the payment the company made to the foundation of President Cyril Ramaphosa’s son, Andile, “strange”.

Venter told the commission that Bosasa’s CEO, Gavin Watson, instructed him to make a payment of R500,000 to the foundation of Andile Ramaphosa and that the payment was made on October 19, 2017.

Last year, DA leader Mmusi Maimane asked Ramaphosa a question in the National Assembly relating to a Bosasa payment of R500,000 to Andile, claiming he had evidence.

The president said he was aware of the business relationship Maimane was talking about but said it was legally instituted through a company Andile did business with.

The president said at the time that if it turned out his son had lied about the payments being illegal, he would hold him personally accountable.

Ramaphosa explained in his response

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