'The EFF presser was about blaming Pravin Gordhan'

The Economic Freedom Fighters (EFF) has thrown its support behind its deputy president Floyd Shivambu over the VBS scandal.

The Reserve Bank released The Great Bank Heist report last week which detailed how almost R2 billion was brazenly stolen from the bank with over R16 million given to Shivambu’s brother Brian in gratuitous payments.

Eyewitness News reporter Clement Manyathela attended the briefing and says the EFF leadership say they have gone through Shivambu's bank statement and they didn't find traces of the R10 million he allegedly received from his brother.

If you ask me what was the briefing all about in one sentence, it was about blaming Pravin Gordhan.

Clement Manyathela, EWN reporter

READ: EFF: 'Where there is criminality, there must be accountability'

They came out categorically saying he( Pravin Gordhan) is behind the allegations that the EFF is facing around this VBS scandal.

Clement Manyathela, EWN reporter

Manyathela says that Malema has made serious allegation the rogue unit despite the Sunday Times come out to clarify that there was false information that was provided to the rogue unit.

He says that Pravin Gordhan works with that rogue unit which listens to people's telephone conversations illegally.

Clement Manyathela, EWN reporter

He says this is Pravin Gordhan's project to try and discredit the EFF.

Clement Manyathela, EWN reporter

Listen to what Malema said about siblings exchanging money...


Recommended

by NEWSROOM AI
Read More
EFF: 'Where there is criminality, there must be accountability'

EFF: 'Where there is criminality, there must be accountability'

EFF Leader Julius Malema briefed the media on the allegations that it benefitted from the looting of VBS Mutual Bank.

VBS gave Zuma R8.5m before any security was provided for loan - News 24 journo

VBS gave Zuma R8.5m before any security was provided for loan - News 24 journo

News 24 investigative journalist Kyle Cowan reports that Zuma was granted the loan despite the fact that he could not afford it.

'The VhaVenda King is very pained by what happened to VBS and people's money'

'The VhaVenda King is very pained by what happened to VBS and people's money'

The VhaVenda King's spokesperson Mathivha Makonde says the King is calling on authorities to help him correct the wrong.

King Ramabulana prepared to pay back money if proved it was received illegally

King Ramabulana prepared to pay back money if proved it was received illegally

Eyewitness news reporter Pelane Phakgadi gives the latest update from VhaVenda King Ramabulana on VBS.

It seems that the media is pushing a certain agenda with VBS  - caller

It seems that the media is pushing a certain agenda with VBS - caller

Callers continue to share their thoughts on the VBS Bank Heist with host Sizwe Mpofu- Walsh.

What leads companies down the path of corruption...and how to avoid it

What leads companies down the path of corruption...and how to avoid it

Values-based leadership lecturer Dr Tim London looks at the ethics and dangers businesses face in the world of profiteering.

Tito Mboweni, Pik Botha, VBS and Floyd Shivambu - no holds barred on The Debrief

Tito Mboweni, Pik Botha, VBS and Floyd Shivambu - no holds barred on The Debrief

Politician Lindiwe Mazibuko, economist Refilwe Moloto, and journalist Rose Rogers have discussed the biggest topics this week.

SAICA to conduct investigation into members implicated in VBS Bank looting

SAICA to conduct investigation into members implicated in VBS Bank looting

The SA chartered accountant's institute says it will ensure that all members implicated will be held accountable.

ANC Limpopo to probe municipalities processes in depositing to VBS

ANC Limpopo to probe municipalities processes in depositing to VBS

ANC's Phuti Seloba says the probe's findings will determine what actions be taken against the officials implicated in the matter.

'I hope the EFF leaders are listening, what's happening is dissapointing'

'I hope the EFF leaders are listening, what's happening is dissapointing'

Callers on The Eusebius McKaiser Show share their views on the scandal relating to VBS Mutual Bank.

Popular articles
 Wealth strategies for small businesses - income or equity?

Wealth strategies for small businesses - income or equity?

Income or equity – what is the difference?

Is the US stock market heading for a crash like the DotCom bubble in 2000?

Is the US stock market heading for a crash like the DotCom bubble in 2000?

The US market has a big impact on all markets and when they get flu, South Africa sneezes.

Anglo American delivers 3.5-billion USD profit, declares final dividend

Anglo American delivers 3.5-billion USD profit, declares final dividend

Anglo American delivered a 2019 profit attributable to equity shareholders of 3.5-billion USD

Discovery Bank gives an update on the health of the new venture

Discovery Bank gives an update on the health of the new venture

Discovery is soothing investors' nerves after a warning earlier this week that it would report a double digits loss.

iPhone upgrade locks Absa clients out of banking app

iPhone upgrade locks Absa clients out of banking app

Absa managing executive customer value management Christine Wu explains why and how you can solve it.

Mo Shaik says his resignation is merely 'technical', not a result of DA pressure

Mo Shaik says his resignation is merely 'technical', not a result of DA pressure

He has dismissed the Democratic Alliance's claims that he was pressured to resign as as a special advisor to Lindiwe Sisulu.

Uber drivers' earnings dropped drastically since 2013 - Competition Commission

Uber drivers' earnings dropped drastically since 2013 - Competition Commission

The observation was made in a preliminary report into land-based public passenger transport by the commission.

City of Joburg libraries shortlisted for international award

City of Joburg libraries shortlisted for international award

COJ Library and Information Services director Nobuntu Mpendulo says they attract the youth by using electronic devices.

Ramaphosa apologises to Malema family for Sona abuse claims

Ramaphosa apologises to Malema family for Sona abuse claims

The president also apologised to South Africans about the way in which the gender-based violence matter was debated.

[LISTEN] Facebook group provides support for parents raising teens

[LISTEN] Facebook group provides support for parents raising teens

Azania Mosaka spoke to admin and media consultant of the page Vanessa Raphaely.