DA MP apologises to Malema for tweet alleging he partly owned firm linked to troubled VBS
15 October 2018
DA MP Ghaleb Cachalia has apologised to EFF leader Julius Malema for his tweet claiming Malema owned 47% of Dyambeu Investments, which is linked to VBS Mutual Bank.
The EFF said in a statement on Sunday that Cachalia withdrew his allegations "which were posted as fact" upon a letter threatening to take legal action against his "defamatory, false and deceptive allegations".
"This is proof of a well-orchestrated propaganda campaign to discredit and tarnish the good and reputable name of the EFF," the party said.
In a letter dated October 13, which the EFF tweeted, Cachalia admitted that he was unable to verify the allegations that Malema owned 47% of Dyambeu Investments.