CEO on Ramaphosa funds: Donations were meant to save SA from Zuma

CEO on Ramaphosa funds: Donations were meant to save SA from Zuma

Sygnia CEO Magda Wierzycka has come to the defence of donations made by numerous individuals to the CR17 campaign. This comes after the donors to President Cyril Ramaphosa's bid to become president of the ruling party were exposed with leaked documentation.

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Donations made to President Cyril Ramaphosa's CR17 campaign were made with nothing expected in return, according to Magda Wierzycka.

The Sygnia boss and co-founder took to social media to defend those who contributed to Ramaphosa's successful campaign, saying that:

“Everyone who contributed did so to stop corruption, reduce poverty and save South Africa from Zuma, the Guptas, etc. No one expected anything in return other than a well-run country (excluding Bosasa)."

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READ ALSO: Ramaphosa knew exactly who campaign funders were, leaked emails reveal

Meanwhile ABSA spokesperson Pumza Macanda raised concerns over allegations that the banking giant had been listed as a donor in the report, commenting:

“As a policy, Absa does not make donations to political parties or politicians. Consequently, Absa did not donate to President Cyril Ramaphosa's presidential campaign in 2017 or any other campaign of that nature."

Briefly.co.za reported that the Ramaphosa Leaks had seen e-mails leaked out into the public, revealing the president had been involved in raising capital for this endeavour.

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Source: Briefly.co.za

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