The DA is adamant the South African Reserve Bank's (SARB) finding that President Cyril Ramaphosa and his Ntaba Nyoni Estate didn’t violate exchange controls by failing to declare $580 000 in buffalo sales cash is unconstitutional - and must be overturned.
In an application filed at the Gauteng High Court in Pretoria on Monday, the opposition party seeks a finding that Ramaphosa and Ntaba Nyoni Estate are guilty of exchange control violations.
In the alternative, it asks that the SARB be required to make a fresh determination on the saga within a three-month period.