DEVELOPER ‘LINKED’ TO FARMGATE CASH

• Author: Chevon Booysen
• Published date: 03 November 2022
• Publication title: Cape Times, The (Cape Town, South Africa)

This is contained in a document apparently authored by former State Security Director General Arthur Fraser and forms part of UDM leader Bantu Holomisa’s submission to the independent parliamentary panel, established to determine whether Ramaphosa has a case to answer over the scandal

The letter, believed to have been intended to assist the Harks in their probe, claims that property mogul Zahir Vallie, owner of Z Prop, was contacted by Chauke three weeks after charges were laid against Ramaphosa.

Chauke, according to the document is “said to have moved $20 million in cash” to Vallie for “safekeeping”.

“He is known to bring large amounts of foreign currency into South Africa from the Middle East without declarations, through Cape Town International Airport. Information received indicates that all his properties bought are cash purchases.”

It claims Vallie’s business, Z Prop, property portfolio is valued at R800 million.

Z Prop is identified on its website as an independent real estate company operating from Lansdowne and specialising in buying, developing and managing residential rental properties in the Southern suburbs. It was...