President Cyril Ramaphosa will carefully consider the Justice Minister Thembi Simelanes R575,000 VBS Mutual Bank loan scandal before making any decision.
This was revealed by Presidency spokesperson Vincent Magwenya while addressing the media in Cape Town on Ramaphosas programme.
Simelane came into the spotlight following reports that she received a loan of R575,600 from Gundo Wealth Solutions in 2016, when she was still the mayor of Polokwane Municipality.
She served as mayor for the municipality between 2014 and 2021, until she was appointed as justice minister in June this year, and took the loan to purchase a coffee shop in Sandton.
The company, which is owned by Rallion Razwinane, was directly linked to the unlawful investments of municipal funds into the now-defunct VBS Mutual Bank during her time as mayor.
