Ramaphosa Faces Impeachment Threat Over Theft Of $4Million In His Farm

The president of South Africa Republic, Cyril Ramaphosa is facing impeachment threat after he was accused of covering up a $4m (£3.3m) theft from his farm in 2020.

Ramaphosa was also accused of taking sides with kidnappers and burglars. According to independent panel report, Mr Ramaphosa abused his position and violated anti-corruption law.

The President, however, denied the allegations against, saying that the alleged money was realized from selling buffalo. The committee’s findings have been conveyed to the parliament for evaluation and, then,  to swim into action with regards to impeachment.

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It was learned that Ramaphosa is a few steps out from a summit that will determine his second term ambition in line with his party, the African National Congress (ANC), in 2024.

The Farm-gate humiliation emitted in June, as former South African spy boss, Arthur Fraser, incident a report with the security operatives, alleging that the president is hiding a theft of $4m in cash from his Phala Phala farm, in the northeast of the country in 2020.

Mr Fraser, who is a close ally of former President Jacob Zuma, noted that the money was suspected to be the proceeds of money laundering and corruption, and accused the president of kidnapping and bribing the burglars.

In his part, Mr Cyril Ramaphosa submitted that there was a robbery incident in the farm but the amount stolen was less than what was quoted.

Ramaphosa said about $580,000 was paid in cash for buffalo but was stolen from under sofa cushions in the farmhouse.

“I did not ‘hunt’ for the perpetrators of the theft, as alleged, nor did I give any instructions for this to take place,” Said the South African President.