Andile Ramaphosa finally spills details on his R2 million BOSASA deal

briefly.co.za

- briefly.co.za | 3 months ago

- Andile Ramaphosa, President Cyril Ramaphosa's son, has admitted that BOSASA paid him R2 million- Andile says that he 'sincerely regrets' the deal with the company, who has been implicated in corruption among other crimes- Blue Crane Capital, Andile's company, was contracted from February 2017 to December 2018 to provide advisory services to BOSASAAndile Ramaphosa has finally come clean about the BOSASA deal that has been the cause of so much controversy.

President Cyril Ramaphosa's son confirmed the details of a R2 million business deal which he says he completely regrets. Blue Crane Capital, Andile's company, signed an 'advisory mandate' with the infamous company in December 2017.

Originally, he would receive a monthly retainer of R150 000 but this was later increased to R230 000.

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