Malema: I’m not close with anyone who benefited from VBS
Malema was fielding questions from journalists around the party's alleged role in the looting of the institution on Thursday.
Speaking at the party's headquarters in Braamfontein, the red beret leader has defended his relationship with individuals implicated in the multi-billion-rand saga, maintaining that VBS should not have been placed under curatorship, but rescued as it is a black-owned bank.
Malema said the scandal would lead to the arrest of many: “CFOs, municipal managers, mayors and some politicians in the ANC. I want to tell you now, if there is any municipality that can say, we put money into VBS because Malema said, I will resign all positions of the EFF without any hesitations.”
Meanwhile, the latest suspect to be charged in connection with the VBS scandal has been released on a warning until his next court appearance.
Former CFO at the Merafong Municipality Thys Wienekus has been charged with irregular expenditure under the municipal finance management act for his role in depositing R50 million with the bank.
He's become the latest accused in the scandal after seven former bank executives and directors were charged last week.
This article first appeared on EWN : Malema: I’m not close with anyone who benefited from VBS
The auditor-general says people need to act in curbing irregular expenditure shown in municipal audits.Read More
The Presidency says that it will be a public platform to address all the questions on issues and challenges currently facing society.Read More
Metrorail said the trial trips would stress-test operational plans which need to comply with COVID-19 regulations.Read More
Oxfam SA inequality programmes manager Dr Basani Baloyi says a there is a shortage of critical medical supplies and understaffing.Read More
MP Werner Horn, who's also the DA's Federal Legal Commission deputy chairperson, has been tasked with investigating the misconduct claims against Helen Zille.Read More
Statistician-General Risenga Maluleke says this data doesn't include post lockdown data of the economy's performance.Read More
The organisation's COO Benay Sager says people should avoid getting into debt as no one knows what the future holds.Read More
Politics of the left and right are failing argues Thomas Piketty in his latest New York Times Best Seller, "Capital and Ideology".Read More
SAA must be liquidated, some MPs said on Monday. Bruce Whitfield interviewed independent business journalist Ray Mahlaka.Read More
Professor Ivor Sarakinsky from Wits School of Governance says Zille's latest tweets are even more outrageous than the others.Read More
The video shows law enforcement officials evict a naked man from his Empolweni home in Khayelitsha.Read More
Health Minister Zweli Mkhize announced on Wednesday that the total number of tests conducted to date is 1.666,939.Read More
President Cyril Ramaphosa in a virtual imbizo called on all South Africans to join in the fight against COVID-19, with infection levels expected to peak.Read More
Educational psychologist Malan van der Walt says there is added challenge of being in a hostile home environment during lockdown.Read More
The ILEX Genehecker donated to the institution by Gift of the Givers will allow better turnaround time.Read More
Bush, who is a human potential and parenting expert, says one can view disruption as a doorway to new possibilities.Read More
The party's national executive committee meeting took place over the weekend.Read More
The South African Medico-Legal Association recently surveyed a group of doctors in the Western Cape.Read More
Inclusive and Affirming ministry director Ecclessia de Lange reflects on the bill being passed into law.Read More
The nation will be able to talk to the president about the problems they're facing as well as have an opportunity to offer solutions.Read More