EFF is mum on involvement of Floyd Shivambu’s brother in VBS heist
The party has also not responded to questions on whether the party and Shivambu himself benefited or received any funds from 'The Great Bank Heist'
The EFF, despite commenting on the VBS Mutual Bank scandal, has remained mum on the implication of the brother of its deputy president, Floyd Shivambu, in the scathing report. The EFF has also not responded to questions on whether the party and Shivambu had benefited or received any funds from what has now come to be known as the “The Great Bank Heist”. Party leader Julius Malema is set to address a media briefing on Tuesday. Business Day sent questions to Shivambu after details from the forensic report published by advocate Terry Motau into the failure of the VBS bank revealed that his brother, Brian, had received in excess of R16m in the form of “gratuitous payments”. In an interview with the Business Day on Wednesday, Motau said that Brian Shivambu, personally and through entities in his control, received money from VBS “for no apparent reason". “We have not interviewed him, or seen him. He was one of many names that received money without any apparent cause,” Motau said One alle...
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