TFIGlobal
TFIGlobal
TFIPOST English
TFIPOST हिन्दी
No Result
View All Result
  • Indo-Pacific
  • Americas
  • Canada
  • Indian Subcontinent
  • West Asia
  • Europe
  • Africa
  • The Caribbean
TFIGlobal
  • Indo-Pacific
  • Americas
  • Canada
  • Indian Subcontinent
  • West Asia
  • Europe
  • Africa
  • The Caribbean
No Result
View All Result
TFIGlobal
TFIGlobal
No Result
View All Result
  • Indo-Pacific
  • Americas
  • Canada
  • Indian Subcontinent
  • West Asia
  • Europe
  • Africa
  • The Caribbean

Untraceable funds: The mystery of Ramaphosa’s buffalo

Michael Mahanta by Michael Mahanta
March 13, 2023
in Africa, Geopolitics
Untraceable funds: The mystery of Ramaphosa’s buffalo
Share on FacebookShare on X

After taking office with a pledge to fight corruption, South African President Cyril Ramaphosa has become embroiled in a scandal that is getting murkier by the day. The case began in 2020 with the theft of cash that robbers had found stuffed into a sofa at his game farm.

(News24)

After investigations began, Ramaphosa declared in a 138-page submission to the panel that the $580,000 he earned from the sale of buffalo to a Sudanese national was stolen from his farm in late 2019 while he was in Ethiopia attending an African Union summit. Furthermore, he stated that the cash was stashed in the sofa as the farm manager believed it was the safest place to keep it. The President denied all allegations against him, stating that he had never violated his presidential oath or broken the law.

Also Read

South Africa’s “Genocide”? Trump Welcomes Afrikaner Farmers Amid Backlash

South Africa land reforms, take on the hypocrisy of the west?

RT mic scares the hell out of Ukrainian foreign minister

Read More: Cyril Ramaphosa is a freaking disgrace but, South African politics is a stinking gutter too

Farm gate: Untraceable funds

However, that was the version of President Ramaphosa. South Africa’s tax authority has a different story to tell. It has said that it is unable to find records of the funds brought into the country by a Sudanese businessman, which were used to purchase buffalo from the President. So, the question about the origin of the money is still unanswered.

(Source: Bloomberg)

This has caused a major row in South Africa’s politics yet again. The main opposition party, the Democratic Alliance, had asked the South African Revenue Service to confirm whether the businessman had complied with the legal requirement to declare foreign currency upon his arrival in the country. In response, the agency stated that it does not have any record of such compliance. As a result, South Africa’s President, Cyril Ramaphosa, finds himself in such a difficult situation.

Read More: Cyril Ramaphosa’s journey from a promising leader to an injured President

Moving forward, it may become even more challenging for Ramaphosa to provide an explanation for the concealed cash, as the opposition party, Democratic Alliance, is determined to uncover the truth.

https://www.youtube.com/watch?v=z1ZZLzIdbaw

Tags: Democratic AllianceJohannesburgRamaphosaSouth Africa
ShareTweetSend
Michael Mahanta

Michael Mahanta

Columnist, TFI Media. Creating art through my articles.

Also Read

Why Did Netanyahu Leave Washington Without Ceasefire Deal?(Picture Credit: The Atlantic)

Why Did Netanyahu Leave Washington Without Ceasefire Deal?

July 12, 2025
Russia-North Korea Military Alliance Deepens Amid Ukraine War

North Korea Supplying 40% of Russia’s Ammunition: Ukraine Intelligence Chief Claims

July 12, 2025
Will Japan and South Korea Join BRICS?

Will US allies ‘Japan and South Korea’ Join BRICS?

July 12, 2025
Trump readies oil embargo to punish Russia, with 500% tariffs on India and China

Trump readies oil embargo to punish Russia, with 500% tariffs on India and China

July 12, 2025
North Korea to 'unconditionally support Russia's territorial integrity' (Picture Credit: The Telegraph)

North Korea to ‘unconditionally support Russia’s territorial integrity’

July 12, 2025
Western Tech Powering Russian Jets: New Report Exposes Sanctions Loopholes"

USA Sends Weapons to Ukraine, While American Tech “MICROCHIPS” Powers Russian Jets Bombing it, New Report Finds  

July 12, 2025
Youtube Twitter Facebook
TFIGlobalTFIGlobal
Right Arm. Round the World. FAST.
  • About Us
  • Contact Us
  • TFIPOST – English
  • TFIPOST हिन्दी
  • Careers
  • Brand Partnerships
  • Terms of use
  • Privacy Policy

©2025 - TFI MEDIA PRIVATE LIMITED

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Add New Playlist

No Result
View All Result
  • Indo-Pacific
  • Americas
  • Canada
  • Indian Subcontinent
  • West Asia
  • Europe
  • Africa
  • The Caribbean
TFIPOST English
TFIPOST हिन्दी

©2025 - TFI MEDIA PRIVATE LIMITED

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. View our Privacy and Cookie Policy.