Victims say ANC is “afraid” to act against implicated MEC Florence Radzilani
The Economic Freedom Fighters deputy president failed to declare money transferred to him from a company owned by his brother, known as a VBS Mutual Bank beneficiary
The flow of money from VBS Bank would seem to suggest that the EFF’s second-in-command was an ultimate beneficiary of proceeds of a crime
Brian paid back the money before liquidator could attain records to company dealings. He incurred costs, however
Floyd Shivambu claims that a shortfall of more than R600 000 to buy his R1-million Range Rover was paid by his brother, who bought his 2012 BMW
The order is in relation to an application by the liquidator of the VBS Bank, as part of a R4-million loan granted to the younger Shivambu’s company
Brian Shivambu has not serviced the loan and is in arrears of more than R2.7-million
Brian’s company made the payments. Floyd’s belongings were allegedly stolen from there, but both deny staying in the Fourways apartment
Transfers were made from Brian Shivambu’s company for the property in Fourways
The Reserve Bank placed VBS under curatorship in March this year after the mutual bank had experienced what had then appeared to be a liquidity crisis
Malema’s family ties to VBS: R5.9-million is alleged to have been paid from Floyd’s brother to Malema’s relative
R5.9-million is alleged to have been paid from Floyd’s brother to Malema’s relative
The party held a briefing at its headquarters in Johannesburg on Tuesday to clarify its position on the VBS saga
The EFF has responded to allegations its deputy president Floyd Shivambu unlawfully benefitted from the VBS scandal
King Toni Mphephu Ramabulana said that if he had received payments fraudulent payments, it was without his knowledge
Floyd must account. The M&G looks at Shivambu’s link to his brother’s business bank account in the VBS scandal.
EFF deputy president denies receiving R10-million from embattled VBS Mutual Bank
Saica’s members that are implicated include former CEO Andile Ramavhunga and former holding company Vele Investments chairperson Tshifhiwa Matodzi
Text messages, whistle-blower accounts and Holomisa tie the Shivambu brothers to the heist