The Section 89 panel found that there was prima facie evidence that President Ramaphosa acted in a way that was inconsistent with his office, exposed himself to a conflict of interest and violated the Constitution, and the law.
Constitution law expert Professor Pierre de Vos said that the best option for embattled President Cyril Ramaphosa would be for him to stay and face the music.
Eyewitness News understands that a memorandum from acting secretary-general Paul Mashatile has gone out to NEC members informing them that the virtual meeting will now be physically held at Nasrec on Friday.
The federation called for the police to deepen their investigation into the matter, adding that President Cyril Ramaphosa should be arrested should he be found to have violated the Prevention and Combatting of Corrupt Activities Act.