BULL AUCTIONED FOR R1.65M AT RAMAPHOSA’S PHALA PHALA FARM – EWN

President Cyril Ramaphosa is one of 16 breeders who had their cattle on show on Saturday. He was also present at the event which was closed to the media.

POLOKWANE – The game auction at President Cyril Ramaphosa’s Phala Phala farm in Limpopo has concluded. More

than 60 lots auctioned off.

Security was tight, this afternoon at the farm but not all sales were of Ankole cows.Some breeders sold the embryos and straws of semen belonging to these prized animals.

Ramaphosa is one of 16 breeders who had their cattle on show today. He was also present at the event which was closed to the media.

According to the auction house Veewinkel, the most expensive sale was of a bull, Cumulus, which was sold for R1.65 million. Cumulus does not belong to Ramaphosa whose heifer, Pata Pata, just sold for R675,000.

Another bull, Dollar, sold for R1 million. He comes with 1000 semen straws.

The auction fetched more than R20 million.

The auction comes at a time when criminal investigations against Ramaphosa are being deliberated by the Hawks.

This is in relation to money allegedly made from the sale of game that was subsequently stolen at the farm two years ago.

Some breeders sold the embryos and straws of semen belonging to these prized animals.

Ramaphosa is one of 16 breeders who had their cattle on show today. He was also present at the event which was closed to the media.

Source EWN

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