How VBS 'bankrolled' the EFF
The Citizen|July 13, 2024
Irregularities of 'donation' laid out in Matodzi's leaked affidavit.
Zanele Mbengo
How VBS 'bankrolled' the EFF

In the ongoing fallout from the VBS Mutual Bank scandal, an affidavit by former VBS chair Tshif hiwa Matodzi has directly implicated Julius Malema and Floyd Shivambu of the EFF.

But EFF spokesperson LeighAnn Mathys dismissed the allegations as old news and redirected attention to others allegedly involved.

"Of national importance, we are fighting with everything we I have against the white supremacy ANC and DA collusion that is circumventing parliamentary processes to pass the budget," Mathys added.

Following Matodzi's sentencing this week to an effective 15year jail term for his orchestrated looting of the bank, a buried secret from seven years ago surfaced implicating Malema and Shivambu, who were allegedly promised payments from the bank in support of the EFF.

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