The EFF has lambasted the South African Reserve Bank for granting President Cyril Ramaphosa another extension to answer questions on the Phala Phala robbery.
The red berets argued that this was the second extension given to Ramaphosa to answer the questions and this was unjustified.
In a statement released after the announcement of the extension on Thursday, September 2022, the EFF described the move by the bank as corrupt.
'The Reserve Bank has now confirmed that they are complicit in the cover-up of Phala Phala Farm, by granting an unjustifiable extension to an individual who is determined to avoid accountability," said the party.
It said Ramaphosa had failed to honour the first extension which was offered to him and accused the bank of co-opting the office of the public protector from not releasing answers posed to Ramaphosa by suspended public protector Advocate Busisiwe Mkhwebane.
The revelations that Ramaphosa was granted another extension to answers come in the back of National Assembly Speaker Nosiviwe Mapisa-Nqakula telling programme committee of chief whips that the president would only be available to finish answering questions on the Phala Phala on October 29.
The announcement by Mapisa-Nqakula earlier in the day peeved opposition parties who accused Ramaphosa of undermining the constitutional institution.
During the question and answer session, it was agreed that another day would be set for Ramaphosa to finish answering the specific question around after the house descended into chaos.
It was agreed that Ramaphosa would come back in two weeks to finish the session but it has now emerged that he will come back on October 29, also a day he was scheduled to answer another set of questions.
According to EFF Ramaphosa was supposed to have responded to the bank's questions today September 8 but he has again failed and has been given a further 21 days.
"The Reserve Bank’s decision is misguided, compromised and is reflective of an institution that has no commitment to its responsibilities as a regulator of foreign transactions."
