ActionSA to Write to SAPS Requesting Urgent Probe into Malema and Shivambu’s Alleged Involvement in VBS Theft
Victor Mothemela
ActionSA Limpopo Provincial Chairperson
ActionSA will write to the South African Police Service (SAPS), specifically to the Directorate for Priority Crime Investigation (DPCI), requesting that, in light of new information emerging from the former VBS chairperson’s explosive affidavit, they investigate Julius Malema and Floyd Shivambu’s alleged involvement in the VBS Mutual Bank scandal.
Our request follows former Chairman of VBS Mutual Bank, Tshifhiwa Matodzi’s detailed affidavit, in which he directly implicates Shivambu and Malema in the looting of VBS through Sgameka Projects (PTY) LTD, a company registered under the name of Shivambu’s younger brother, Brian Shivambu.
It is clear that the hollow assertions made by EFF President Malema and EFF Deputy President Shivambu, claiming they were not involved in the theft of municipal and pensioner funds stored at VBS, are effectively refuted by Matodzi’s sworn confession.
Matodzi’s unequivocal admission that the two EFF leaders were fully aware of the one-time R5 million and monthly R1 million payments to Sgameka Projects as bribes to maintain silence about former President Zuma’s infamous R8 million loan from VBS during a period of public scrutiny, clearly illustrates the potential shadiness, corruption, and unpatriotic and unethical character of these two EFF leaders.
Yesterday, ActionSA welcomed the sentencing of the former VBS Bank Board Chairperson, echoing our ongoing concern over corrupt senior politicians who frequently evade punishment for crimes committed against the most vulnerable in our society.
ActionSA is fully committed to combating corruption wherever it appears and hopes that all those implicated in the looting of VBS, including politicians, will be held fully accountable for their actions.
ActionSA to Write to SAPS Requesting Urgent Probe into Malema and Shivambu’s Alleged Involvement in VBS Theft
ActionSA will write to the South African Police Service (SAPS), specifically to the Directorate for Priority Crime Investigation (DPCI), requesting that, in light of new information emerging from the former VBS chairperson’s explosive affidavit, they investigate Julius Malema and Floyd Shivambu’s alleged involvement in the VBS Mutual Bank scandal.
Our request follows former Chairman of VBS Mutual Bank, Tshifhiwa Matodzi’s detailed affidavit, in which he directly implicates Shivambu and Malema in the looting of VBS through Sgameka Projects (PTY) LTD, a company registered under the name of Shivambu’s younger brother, Brian Shivambu.
It is clear that the hollow assertions made by EFF President Malema and EFF Deputy President Shivambu, claiming they were not involved in the theft of municipal and pensioner funds stored at VBS, are effectively refuted by Matodzi’s sworn confession.
Matodzi’s unequivocal admission that the two EFF leaders were fully aware of the one-time R5 million and monthly R1 million payments to Sgameka Projects as bribes to maintain silence about former President Zuma’s infamous R8 million loan from VBS during a period of public scrutiny, clearly illustrates the potential shadiness, corruption, and unpatriotic and unethical character of these two EFF leaders.
Yesterday, ActionSA welcomed the sentencing of the former VBS Bank Board Chairperson, echoing our ongoing concern over corrupt senior politicians who frequently evade punishment for crimes committed against the most vulnerable in our society.
ActionSA is fully committed to combating corruption wherever it appears and hopes that all those implicated in the looting of VBS, including politicians, will be held fully accountable for their actions.