'No step aside' for bigwig

ANC DEPUTY CHAIR: ACCUSED OF RECEIVING R300 O00 FROM VBS DIRECTORS

- Alex Japho Matlala

Then mayor invested R300m of council funds in defiance of Reserve Bank order.

Limpopo ANC deputy chair Florence Radzilani will not be asked to step aside for now, the ANC executive provincial committee said at the weekend.

This is in the wake of a leaked affidavit by former VBS Mutual Bank chair Tshifhiwa Matodzi, where he confirms he masterminded the looting of over R2 billion from the collapsed bank, together with a number of businessmen and women and politicians from different political parties.

Radzilani is accused of having received R300 000 from the bank directors for investing more than R300 million with the bank while serving as executive mayor of the Vhembe district municipality.

She was employed as MEC for transport and community safety during the time Stanley Mathabatha was premier. She is now MEC for social development under premier Dr Phophi Ramathuba.