VBS Bank | Former chairperson Tshifhiwa Matodzi's affidavit details how money was looted
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- čas přidán 11. 07. 2024
- ANC spokesperson in Limpopo Jimmy Machaka says one of the issues to be discussed in their provincial executive committee meeting today is the VBS saga.
This follows the publishing of a plea agreement affidavit submitted 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 now defunct VBS Bank.
SABC News Reporter Pimani Baloyi joins us live with the latest update on this story.
For more news, visit sabcnews.com and #SABCNews on all Social Media platforms.
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The ANC counsellors who forced city counsels to invest money in this bank should be fired and jailed
We want transparency now!!!!! People were badly hurt financially by VBS. It should be public knowledge.
It's so sad how poor, elderly, pensioners lost their hard-earned money to greedy, selfish, heartless, cruel, hypocrites.
How people and their children go to bed hungry because their money go stolen from a bank.
The NPA is more worried about a leaked document instead of following up on the claims in the affidavit..
Imagine
Every scrap of time NPA has Must be spent finding the VBS criminals as quickly as possible.
Forget flipping avidavits, elderly people lost their life savings!
After so much time wasted NPA must get their act together, it's a disgrace how few prominent cases this organisation has actually concluded!
NPA is trying to find ways to ignore this affidavit, bcos they know once Malema is convicted he might spy on other high profile ANC cadres
they have to be worried bcs tht is gonna destruct their investigation like all the people who knows something about this can be deleted or just disappear.Lets remember that this implicates a lot of dangerous people who can do any thing to protect their images and their dignity...
Lack of transparency is very dangerous and has cover ups. Thanks for the leakage for the interest of the public
the public is still reeling from steinhoff R400B scandal.
Thanku for the lackage, NPA must do there work. What a about the poor people waithing for there money's. 😢
I want to hear SARS on this matter.. remember they made a deal with Brian Shivambu around his taxes relating to this VBS monies.. did SARS know at the time about these payments .. NoW i'm looking forward to EFF response.. More popcorn please..
JULIAS MAEMA AND FLOYD SHIVAMBU are going to have to answer some questions sooner or later
Nothing to answer
How is that possible they can't be quite if they are implemented never@@chrissimende8167
No more pay back the money😂😂😂😂😂😂😂😂😂😎pay back jail time
The public need to know it was inocent peoples money
Aiy ...aiy ...aiy i love gods plan when he made this government of national unity......how much more will come to light with new members in government 🎉🎉🎉🎉🎉....they really started off with a bang 😊
Vote of no confidence to the EFF leaders and I m wandering if they are gonna step aside or impeachment until their names are clear just for the sake of the dignity of the organization bcs I sure if it was someone else they would have asks him or her to do that.They must practices what the always preach which is accountability....
@mristomanyakanyaka1298 is there any criminal charges against them? If so they must step aside
Julius & Floyd INC is now on notice.
Red overalls to orange overalls
The chickens are coming to roost 🤣🤣🤣🤣🤣
Problem they always claim to be the not corrupt
A source close to the Presidency has indicated that the President has instructed the new Correctional Services Minister, Mr Pieter Groenewald , to be courteous and allow Messer's Malema and Shivambu to continue wearing their signature red overalls (instead of the standard orange overalls) when they enter his facilities.
The justice system stinks at maths. How can 400 years be brought down to 15?
Sadly even that 15 years will amount to less than 7 years 😢😢
The sentence is for multiple counts which get served concurrently.
It's really not very just as he's effectively serving the same amount of time for one crime as he would for 30 crimes.
Also , you'll get sentenced to 6 months for stealing a pie and a coke but you get 15 years (out in half the time ) for stealing millions (which you don't even have to give back).
Yes , the math does not add up.
The reduction in years is most likely in exchange for the guilty plea. The state now has witnesses whose indispensable evidence will lead to more criminals being nailed.
Indeed, this SA justice is nonsense
This is garbage story
Keep that chairperson safe please
Did Floyd steal his grandmother's SASA grant card? This must go to court.
Imargine Shivambo being the Minister of Finance 😂😂😂thise guys realy mean busness after the states money now joh EFF😮
This is a R2.1billion scandal, this discussion is less than 10million., where the other details pertaining to R2.09 billion?
When a person is taken to trial everything must be put on the table. All evidence must presented before a judgement can be reached. Matodzi has been found guilty, which means that nothing was hidden during his trial and all evidence is part of public record. That would include the affidavit, so why is this called leaking? It should have been there for anyone who was interested to see. Does leaking mean that a public document was being hidden, that a cover up was uncovered, that if nobody knew, nobody would talk? Otherwise his affidavit would be just another document amongst thousands.
Jacob Zuma obtained a mortgage loan from VBS which was used to pay back the amount the Publc Protector determined he owed for Nķandla. With VBS now bankrupt it looks as if he will get away with paying back the money. The whole VBS matter stinks and I really feel for those poor black depositors who have been swindled.
DA received a donation from corrupt Guptaz, EFF received a donation from corrupt Matodzi/VBS.
SACP had it hotel conference bill paid by VBS Matodzi.
Now, why is DA and SACP are neglected.
If getting a donation from a corrupt person means you are corrupt then DA and SACP must answer the scrutiny without being selective.
The evidence implicate EFF, therefore on that the EFF must be charged .if DA and SACP are fingered they must also be investigated.For now loudmouth Juliarse and Fraud Shivambu must face the music
Everyone must be charged and go to court, us normal people get charged and go to court so it must be the same for all
Bring back the money slogan stopped immediately they got their share wow 😢😢😢
Their Karma has finally come though very,very 😔 at the expense of the poor of the poor😢😢😢
Go to jail@ do not collect R200
Easy...FOLLOW THE MONEY!!!!
Alicia has a very Nice voice.....
Black Excellence for you.
Our kind is disgusting
Why the media fails to mention all the names however focuses on the EFF and MK party
Why only now does this come to light
SA new strategy in 2024 about leaked documents but nobody is accountable since beginning of this GNU . allegedly
Uuuuuh. Judges nd Prosecutors
U going to be Disappointed shame.
EFF THEFT FROM POOR BLACKS...!?!?
This matter will confuse people we don't entertain any thing from it
Pieter Groenawald wag vir jou.
Aiyshhhhhh 😊
Jys lyk
Hy gaan hulle goed sorg
Oom Pieter die Boer! sal hulle reg ruk!
😂😂😂
Iyhooooooo.?????? Mmmmm
Mmmmm we must alll eat ne mmmmm
You can see how the presenter on the left loves gossip 😅
Isiza ngani indaba yokuboshwa kwabantu abadle imali abantu Bebe belahlekelwe ,why isigwebo sengathi abasebenze bayikhokhe cause nokuboshwa basayokondliwa yimali yalabantu abakhalayo I tax ibuya kithi esiphansi Uma beyoboshwa siluza kakhulu siyabondla, bayafunda banama Lungelo ukundlula laba abalahlekelwe imali yabo
Heheeeee...duck n dive
What's the difference between VBS and PHALAPHALA money for the poor people in RSA.GO TO JAIL.Ramaphosa it was his money not the states
Malema will tell them Infront of their faces their Affidavit is 'Incompetent ' 😅😅😅😅😅
They will follow the money.
@@nyc7727 they better be prepared for Malema
Malema will say apartheid and white monopoly capital is to blame for them stealing from the poor
@@Firstnation-mr7ey😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂
This is really boring. These Journalist are paid to go after EFF
What's boring is the NPA & parliaments sleeping on EFF's wrongdoing
Vvgg
Now we all now the truth that Zuma Never stole any money from the poor Grannis in Limpopo, it was just a loan and has been paid back to the bank now all those who are linked they must face the full force of the law?