Malema Strongly Denies Involvement With VBS Mutual Bank

- | 7 months ago

Economic Freedom Fighters (EFF) leader Julius Malema has strongly denied he received or spent any money from the collapsed VBS Mutual Bank.

Malema was speaking outside the Hawks offices in Pretoria on Tuesday where he met with investigators to provide a warning statement in a firearm-related case. On Monday, Daily Maverick’s investigative unit Scorpio reported about how more than R5 million was allegedly channeled from VBS bank into an account the leader of the red berets used as a slush fund.

Malema was unequivocal when asked whether he had spent VBS funds.

read full story