Despite accusations and a leaked affidavit implicating her in seeking a payout from the bank, the ANC insists on waiting for charges before taking action.
Despite accusations and a leaked affidavit implicating her in seeking a payout from the bank, the ANC insists on waiting for new evidence or charges before taking actionThe African National Congress in Limpopo says there is still no basis for pursuing the step-aside clause against its deputy chairperson, Florence Radzilani. Image: Stock.Following the VBS Mutual Bank scandal, the African National Congress in Limpopo has defended its deputy chairperson, Florence Radzilani.
According to the provincial leadership, there is no basis to invoke the party’s step-aside clause despite accusations of her involvement.Radzilani, who served as the mayor of Vhembe during the period in question, is alleged to have received R300,000 for her investment in the now-defunct VBS Mutual Bank.
A leaked affidavit from the disgraced former chair of VBS, Tshifhiwa Matodzi, claims that Radzilani sought a "Christmas" payout amounting to R1.5 million.Matodzi, sentenced to 15 years in prison for his role in the bank's collapse, implicated several high-profile individuals in the conspiracy and graft that led to the bank's insolvency.
"As far as the organisation is concerned unless new information comes to light, which will then propel the PEC to change its initial stance as far as the matter is concerned."As the investigation continues, the ANC’s provincial leadership insists that any decision to act against Radzilani will be based on new evidence or formal charges.
In the meantime, the spotlight remains on the actions and decisions of key political figures involved in one of South Africa’s most significant banking scandals.Briefly NewsReitumetse Makwea is a Current Affairs journalist at Briefly News. She has a National diploma, Advanced diploma and Post-graduate diploma in Journalism from the Tshwane University of Technology.
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