RESPONSE BY COGTA MINISTER DR ZWELI MKHIZE TO VBS ALLEGATIONS MADE ON TV CHANNEL
I have seen snippets of the interview on the ENCA television news channel by General Bantu Holomisa, which makes allegations about presentations made to me about the VBS Mutual bank.
I wish to categorically reject the allegations made by the leader of UDM that I advised municipalities to invest funds in the VBS Mutual Bank. The allegations are totally untrue. I discovered information about such investments in the media when the stories broke. I had no knowledge of the matter before then.
I want to state clearly with no form of hesitation, that when I was Treasurer-General of the ANC, various companies, both listed and unlisted, big and small business, requested meetings with me.
They presented their business plans to me, their future plans and various areas of interest. My role was mainly to engage them on ANC policies with regards to growing the economy, job creation and the role their businesses can play in transforming the economy.
Some businesses came to my office, while others invited me to formally meet and address them at their company premises. I have many pictures and videos which will attest to this and I am willing to share them should I be required to do so. The insinuation that when I engaged with business it was with an unscrupulous intention of doing them a favour or using undue to influence for them to secure work, contracts or deals with government departments, municipalities or state owned entities is false, unfounded and demeaning.