Cape Town - The DA have laid criminal charges against the 50 people who allegedly siphoned billions from VBS Mutual Bank on Thursday.
On Wednesday, the South African Reserve Bank released a damning forensic report titled “VBS Mutual Bank - The Great Bank Heist” and recommended that criminal charges be brought against those who have been implicated. The report identified individuals with close ties to political parties.
DA Shadow Minister of Co-operative Governance and Traditional Affairs, Kevin Mileham, and National Spokesperson, Solly Malatsi, laid the charges at Cape Town Central police station today. "We laid charges of corruption, racketeering and fraud against these individuals because we believe that those who are responsible for looting the bank, taking money from municipalities and poor investors, must be held accountable," said Mileham.
"The DA is of the view politicians and those close to politicians, such as Floyd and Brian Shivambu, and the ANC Limpopo Treasurer, Danny Msiza, should not only be investigated for their personal involvement but that the parties they are associated with publicly confirm whether or not they have received funds from VBS," he said.
EFF Chairperson, Dali Mpofu, has said the EFF received no money from VBS through Brian Shivambu.