[pretoria] - #AndileRamaphosa comes clean on failed bid to buy Mercantile Bank

  |   Pretorianews

Johannesburg - President Cyril Ramaphosa’s son Andile appears to be feeling the heat over his questionable business dealings.

On Monday, he revealed that he was part of a failed bid to buy a bank with a Chinese company that has come under the spotlight at the Zondo Commission of Inquiry into State Capture.

This comes days after Andile came under fire for admitting to receiving R2million from a deal with controversial facilities management company Bosasa.

He has now admitted that his company, Blue Crane Capital, had a failed business deal with Huarong Energy Africa, which allegedly gave Eskom a loan of R25billion at the behest of former public enterprises minister Lynne Brown in 2017....

Photo - http://v.duta.us/W629NQAA

Click here to read more— - http://v.duta.us/tkpI4QAA

📲 Get Pretoria News on Whatsapp 💬