Opposition parties slam SARB explanation on Phala Phala
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Opposition parties have slammed SA Reserve Bank Governor Lesetja Kganyago’s explanation of the
Bank’s investigation into Phala Phala calling it a ‘whitewash’. Kganyago told Parliament that the
bank’s proble found that the $580 000 in cash handed to a lodge manager in 2020 was a ‘security
deposit’ and not a final payment. African Transformation Movement Leader, Vuyo Zungula joins us
in studio to unpack this and more.
Bank’s investigation into Phala Phala calling it a ‘whitewash’. Kganyago told Parliament that the
bank’s proble found that the $580 000 in cash handed to a lodge manager in 2020 was a ‘security
deposit’ and not a final payment. African Transformation Movement Leader, Vuyo Zungula joins us
in studio to unpack this and more.
