'where's The Crime?': Dali Mpofu On Vbs Boss Tshifhiwa Matodzi's 'donations' Testimony

63 Days(s) Ago    👁 96
wheres the crime dali mpofu on vbs boss tshifhiwa matodzis donations testimony

Former EFF national chairperson Dali Mpofu contends the red berets have never denied receiving donations from looted and defunct VBS Mutual Bank, which left pensioners penniless.

The party has been in the spotlight and criticised about receiving funds from the bank, but in an interview with Newzroom Afrika Mpofu said the party never denied receiving donations from VBS.

Last week former VBS Mutual Bank chairperson Tshifhiwa Matodzi was sentenced to 15 years in prison by the Pretoria high court after pleading guilty to 33 counts including corruption, theft, fraud and money laundering, which led to the banks collapse.

In his affidavit, he claimed he made donations to the EFF after meeting leader Julius Malema and his deputy Floyd Shivambu in exchange for positive publicity and to silence their criticism about the bank giving former president Jacob Zuma a loan for Nkandla. A lump sum of R5m followed by R1m monthly donations was the price, he claimed.

This was allegedly funnelled through a company owned by Brian Shivambu, Floyds brother.