EFF leader Julius Malema used VBS-linked loot to splurge on 'big-ticket' purchases - report

news24.com

- news24.com | 2 weeks ago

EFF leader Julius Malema benefited, in part, from the R16.

1m which flowed from VBS Mutual Bank to the party's leadership, according to a report. The Daily Maverick Scorpio team investigation appeared to reveal that Malema, EFF deputy leader Floyd Shivambu, Shivambu's brother Brian, and Malema's cousin Matsobane Phaleng were all implicated in the illicit flow of funds.

Mapping out the VBS money trail, Scorpio uncovered a R16.

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