Limpopo ANC to discuss two members implicated in VBS looting

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ANC’s Limpopo spokesperson Jimmy Machaka says one of the items to be discussed in their provincial executive committee meeting today is the VBS saga.

This follows the publishing of the plea agreement affidavit by convicted former VBS chairperson, Tshifhiwa Matodzi.

ANC members Florence Radzilani and Danny Msiza are implicated in the affidavit for allegedly receiving funds irregularly from the bank.

Machaka says while the affidavit implicates some of the ANC leaders in the province, law enforcement agencies have not charged them criminally…

“We have also noted that various former and current leaders of the ANC are mentioned in the affidavit which was part of the plea bargaining and off course as an organisation, we are very disappointed because throughout we were made to believe that this matter of VBS has reached finality. As far as it relates to various leaders of the ANC, of course the ANC will digest this matter because in any event, there is nothing new from that matter. We have always known that certain leaders have been mentioned but there has not been any work on the part of law enforcement agency on charging them criminally.”

Meanwhile, some investors in the now defunct VBS Mutual Bank have welcomed the sentencing of  Matodzi.

He has been sentenced to an effective 15-years imprisonment by the Pretoria High Court on Wednesday.

He pleaded guilty to fraud-related charges linked to the looting of R1.9 billion at the bank.