ANC integrity commission has started looking into VBS scandal
22 October 2018
Chairperson of the ANC’s integrity commission, George Mashamba, says it has started looking into the VBS Mutual Bank saga and is hoping to meet in the coming weeks with its members who were implicated.
The names of the party's provincial deputy chairperson Florence Radzilani, and treasurer Danny Msiza, were among the 53 mentioned in a damning report released this month by advocate Terry Motau and law firm Werksmans Attorneys, on the looting of R1.8bn from VBS.
VBS head of treasury Phophi Mukhodobwane testified that Msiza had played the role of political influencer and fixer, convincing many political leaders of municipalities to invest money in the bank.
While Msiza is challenging the report in court and Radzilani is still mulling over what action to take, the ANC’s integrity commission is seeking more information on the alleged involvement of its officials in the saga.