State capture: Ramaphosa yet to respond to Brian Molefe claims

Share your Subscriber Article
You have 5 articles to share every month. Send this story to a friend!
0:00
play article
Subscribers can listen to this article
President Cyril Ramaphosa (Image: GCIS)
President Cyril Ramaphosa (Image: GCIS)

President Cyril Ramaphosa has not yet filed an affidavit in response to allegations made by former Eskom boss Brian Molefe regarding his business relationship with Glencore and its dealings with state-owned power utility Eskom.

In his first appearance at the Commission of Inquiry into State Capture on 15 January, Molefe made sweeping allegations regarding Ramaphosa's association with Glencore's Optimum Coal Mine, which the president once chaired.

Glencore supplied Eskom with coal through its Optimum Coal Mine, in a contract that soared in 2015, prior to its sale to Gupta-linked Tegeta Exploration and Resources. The company ended up in a bitter dispute over the amendment of the terms of its contract, as well as penalties imposed on it by the power utility.

There’s more to this story
Subscribe to News24 and get access to our exclusive journalism and features today.
Subscribe
Already a subscriber? Sign in
USD/ZAR
14.17
(-1.6)
GBP/ZAR
19.52
(-1.6)
EUR/ZAR
16.95
(-1.7)
AUD/ZAR
10.98
(-1.2)
JPY/ZAR
0.13
(-1.4)
Gold
1,763.25
(+1.6)
Silver
25.84
(+1.7)
Platinum
1,196.50
(+1.9)
Brent Crude
66.58
(+4.6)
Palladium
2,745.14
(+2.5)
All Share
67,823
(+0.0)
Top 40
62,080
(-0.0)
Financial 15
12,342
(+1.5)
Industrial 25
88,642
(-0.2)
Resource 10
68,828
(-0.3)
All JSE data delayed by at least 15 minutes Iress logo
Company Snapshot
Voting Booth
Please select an option Oops! Something went wrong, please try again later.
Results
Yes, and I've gotten it.
21% - 1273 votes
No, I did not.
51% - 3156 votes
My landlord refused
28% - 1700 votes
Vote