Three suspects are set to appear in court over the 2020 break-in at South African President Cyril Ramaphosa’s Phala Phala game farm, where they allegedly stole millions in foreign currency hidden in furniture. The scandal, known as “Farmgate,” nearly cost Ramaphosa his ANC leadership in 2022 and contributed to the ANC losing its majority in the recently held 2024 elections. The case came to light in 2022 when South Africa’s former spy chief, Arthur Fraser, accused Ramaphosa of money laundering and covering up the theft. According to Fraser, the thieves had carted away at least $4 million in foreign cash. Ramaphosa denied any wrongdoing and noted that the cash was from the sale of game. He also said that the thieves had carted away less than Fraser claimed. South Africa’s anti-corruption watchdog has since cleared him of violating his duties. However, questions remain about tax reporting. Nonetheless, the current government shields him from impeachment.
SOURCE: REUTERS
What Does the Farmgate Scandal Mean for Ramaphosa’s Future?
