'The ANC should pay back the R2 million from VBS if they received it'

More names from the VBS Mutual bank scandal are coming to the surface.

Now it is alleged that the African National Congress received R2 million from the bank for its 2016 elections campaign.

This follows reports that the Economic Freedom Fighters (EFF) also received R1.3 million from the bank.

It goes beyond the ANC getting money, even in his discussion he says he gave money to the SACP, ANC, EFF and the DA.

Kagiso Pooe, Public Policy Specialist and lecturer at North-West University

READ: Malema's cousin implicated in VBS scandal

This says to me that there is no credibility on who is speaking and I always say the sad thing for South Africa citizens is that we hear terms like reports, audit reports but we never really see the end result.

Kagiso Pooe, Public Policy Specialist and lecturer at North-West University

ALSO READ: Execs at VBS Mutual Bank plundered it to death, it can’t be saved - report

I think the ANC should look at their bank accounts and see if this money came through and give it back.

Kagiso Pooe, Public Policy Specialist and lecturer at North-West University

But the bigger issue is who is not implicated in the VBS issue. And we should investigate to the bone which political parties and individuals are reported.

Kagiso Pooe, Public Policy Specialist and lecturer at North-West University

The South African Reserve Bank released a report which revealed how R1.8 billion was brazenly looted from the bank, with the Venda king and top political figures from the ANC and the Economic Freedom Fighters (EFF) implicated.

Listen to the full interview below...


This article first appeared on 702 : 'The ANC should pay back the R2 million from VBS if they received it'


Recommended

by NEWSROOM AI
Read More
Malema's cousin implicated in VBS scandal

Malema's cousin implicated in VBS scandal

The Mail & Guardian says sources have confirmed the multi-million rand payments were made to Matsobane Phaleng by Brian Shivambu.

VBS: 'Forensic investigation made it very clear there was a lot of wrongdoing'

VBS: 'Forensic investigation made it very clear there was a lot of wrongdoing'

Premier of the North West, Job Mokgoro talks about the forensic report they conducted on VBS.

Now EFF's Shivambu is on the receiving end of MP's chanting 'pay back the money'

Now EFF's Shivambu is on the receiving end of MP's chanting 'pay back the money'

Sizwe Mpofu-Walsh and callers discussed how the tables have turned and whether VBS bank should be saved.

Taxpayer? Got R3 billion? The EFF wants you to save the gutted VBS Mutual Bank

Taxpayer? Got R3 billion? The EFF wants you to save the gutted VBS Mutual Bank

A better option to serve black interests, says Warren Thompson, is Patrice Motsepe’s TymeDigital. It won’t cost taxpayers a cent.

[LISTEN] Catch up with this in-depth look at the week's news and analysis

[LISTEN] Catch up with this in-depth look at the week's news and analysis

Political Journalist at News24 Matshidiso Madia gives an analysis of the past week's political headlines.

Parliament to debate VBS Mutual Bank saga

Parliament to debate VBS Mutual Bank saga

ANC in Parliament has tabled a debate in the National Assembly on the VBS Mutual Bank Saga.

SACC wants law enforcement to investigate churches implicated in VBS 'heist'

SACC wants law enforcement to investigate churches implicated in VBS 'heist'

The South African Council of Churches (SACC) in Limpopo says churches are not immune to investigations and prosecution.

Popular articles
Wife killer Jason Rohde described as 'upstanding man' at sentencing proceedings

Wife killer Jason Rohde described as 'upstanding man' at sentencing proceedings

Last November, Rohde was found guilty of killing his spouse Susan Rohde at the Spier Wine Estate in July 2016.

Bosasa trading as African Global Operations to be liquidated

Bosasa trading as African Global Operations to be liquidated

Two banks took a decision to close down Bosasa's bank accounts forcing the company to go under voluntary liquidation.

Traffic congestion: Capetonians spending 75% more time in vehicles

Traffic congestion: Capetonians spending 75% more time in vehicles

Cape Town has the worst congestion levels in the whole of South Africa.

DStv subscription price hikes for 2019

DStv subscription price hikes for 2019

MultiChoice will increase the prices of certain DStv packages from 1 April.

'Bring back skilled engineers to Eskom' - Solidarity

'Bring back skilled engineers to Eskom' - Solidarity

Trade Union Solidarity says it supports Pravin Gordhan's idea that technicians who used to work for Eskom should be brought back.

Criminals targeting homes with aluminium windows, warns neighborhood watch

Criminals targeting homes with aluminium windows, warns neighborhood watch

The Panorama, Welgelegen and Plattekloof Neighbourhood Watch has identified a new house break-in trend.