Malema & Shivambu accused of taking VBS donation & financial mismanagement

- | 2 weeks ago

A former senior EFF leader in its central command team has accused party president Julius Malema and his deputy Floyd Shivambu of financial mismanagement and accepting a donation from VBS Mutual Bank In a social media post released on Facebook, Thembinkosi Rawula accused Malema and Shivambu of abuse and running a dictatorship. Rawula, who has resigned from the organisation, was the party’s national disciplinary chairperson.

He told News24 that, over the past four years, he has not been shown a report of the party’s finances. “We have offices, but we don’t know how much we pay for these offices. You will not find any books of the EFF.

There is no consistency, there is no accountability. All you see is them living a flashy lifestyle. The lives they are leading is beyond their financial means.

” He said Malema and Shivambu had centralised the control of millions in party funding. These funds, which he claimed were under Malema’s control, come from Parliament, members and council levies.

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