NATIONAL NEWS - EFF leader Julius Malema will be holding a press conference on Tuesday next week. While the reason for it is not yet known, Malema is expected to confront the damning allegations that emerged about his party on Wednesday.
The party’s commander-in-chief has not yet commented on reports that his party received R1.3m and his second-in-command received roughly R10m from the bank.
A report commissioned by Treasury called The Great Bank Heist was released on Wednesday.
Looking into the alleged looting of VBS Bank and compiled by advocate Terry Motau and assisted by Werksmans Attorneys, the report implicated the EFF deputy president Floyd Shivambu’s brother Brian as one of the more than 50 people who “gratuitously” received money from VBS Bank.