DA to report EFF’s Shivambu to Parliament’s Ethics Committee over alleged VBS payments
15 October 2018
The Democratic Alliance will request Parliament’s Joint Committee on Ethics and Members’ Interest to investigate the EFF’s Chief Whip, Floyd Shivambu, for alleged payments received from VBS Mutual Bank.
It was recently reported that the EFF had received R1.3 million of VBS funds, while Shivambu received R10 million. These payments were allegedly made during the period of 2015-2017.
If Shivambu did indeed receive payments from VBS, they are in contravention of Members’ Code of Conduct as there is no indication that he declared these monies in the 2015-2017 Declaration of Members Interest and Payments in Parliament.
Clause 4.1.3 of the Code of Conduct clearly stipulates that members must “act in accordance with the public trust placed in them” and clause 5.1.1 states that members must “resolve any financial or business conflict of interest”, including declaring such interests.