MPS ‘BARKING UP THE WRONG TREE’, SAYS EFF’S SHIVAMBU
PARLIAMENT: EFF chief whip Floyd Shivambu yesterday accused MPs of “barking up the wrong tree”, again denying that he or any of the party’s leaders had received money siphoned off from VBS Mutual Bank.
“We are going to state here categorically, without any fear of contradiction, that the EFF and ourselves as MPs never benefited anything from the VBS looting and so-called heist there,” Shivambu said during a debate on the SAReserve Bank report, which found that at least 50 people “gratuitously” received R1.894 billion from the bank over a three-year period starting in March 2015, and which led to the collapse of the bank.
Those implicated included top management at the bank’s major shareholder, Vele Investments, and its associates, who cashed in more than R936 million.
Also included were bank executives and Limpopo politicians, as well as Shivambu’s younger brother, Brian, who received R16m.
Media reports alleged that R10m of that money was then directed to Floyd Shivambu, while the EFF benefited to the tune of R1.3 million.
The older Shivambu told
MPs those responsible should be punished. “We, as the EFF, call on all law enforcement agencies to take decisive action against all the people that did wrong...”