Julius Malema and his deputy are said to have been paid a lump sum of R5 million and received R1 million monthly at the behest of Matodzi in exchange of not speaking badly about VBS bank during public engagements.
JOHANNESBURG - As more details of the VBS Mutual Bank collapse are revealed, the Economic Freedom Fighters 's Julius Malema, who has been placed inside the looting saga by the now defunct bank’s former chairperson, Tshifhiwa Matodzi, has seemingly shrugging away the allegations.
Malema, in a social media post of himself in a tuxedo on X, told his supporters to refer to the archives for answers. The leader of the red berets and his deputy are said to have been paid a lump sum of R5 million and received R1 million monthly at the behest of Matodzi in exchange of not speaking badly about the bank during public engagements.VBS Mutual Bank has once again come back to haunt those claimed to have played a role in its collapse, this time through a leaked affidavit by its former chairperson, Matodzi.
Matodzi has implicated several leaders, including Malema and his deputy, the SACP in Gauteng through its secretary, Jacob mamabolo, the powerful former ANC Limpopo treasurer, Danny Msiza, former ANC Treasurer-General Zweli Mkhize and former director-general at Treasury, Dondo Mogajane, who has sinceAnalyst Lukhona Mguni said that the leaked affidavit should be seen as the first compelling form of evidence taken under oath.
The EFF, much like when the allegations were first made, has said little to nothing in the public domain.
Ewn News News Eyewitness News Eye Witness News Latest News News Today Ewn South Africa Ewn-News Primedia+ Primedia Plus Prime Media Plus
South Africa Latest News, South Africa Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
EFF's Julius Malema and Floyd Shivambu implicated in VBS Mutual Bank affidavit, SA reactsAnk affidavit from the convicted VBS Mutual Bank chairperson Tshifhiwa Matodzi revealed that the EFF leaders Julius Malema and Floyd Shivambu received millions.
Read more »
ActionSA Calls on Hawks To Investigate Julius Malema and Floyd Shivambu for VBS SagaActionSA's Limpopo Chairperson Victor Mothemela said the party will write to the Hawks to investigate the EFF leaders Julius Malema and Floyd Shivambu.
Read more »
Limpopo ActionSA asks police to probe EFF's Malema & Shivambu over VBS claimsThis comes on the back of a leaked affidavit by the convicted former chairperson of the mutual bank, Tshifhiwa Matodzi, who detailed how he offered the pair kickbacks in a bid to stop them from speaking negatively about the bank.
Read more »
“RDP Houses in Orania”: Julius Malema Reiterates EFF’s Stance on Joining GNUEFF commander-in-chief Julius Malema has again stressed his party's position about joining the national unity government, making some stiff demands.
Read more »
EFF’s Julius Malema Rejects Government of National Unity With Right-Wing PartiesThe EFF will not form part of a Government of National Unity that includes right-wing and reactionary political parties such as the DA and the FFP+.
Read more »
EFF’s Julius Malema Demands That Former Ekurhuleni Finance MMC Nkululeko Dunga Be ReinstatedThe president of the Economic Freedom Fighters, Julius Malema, threatened to withdraw all of his MMCs in the country if Ekurhuleni doesn't reinstate Nkululeko Dunga.
Read more »