Trevor Manuel: I don't need a cent of EFF money

fin24.com

- fin24.com | 2 months ago

Former finance minister Trevor Manuel says he does not need a cent of the R500 000 he was awarded in damages from a defamation suit he won against the Economic Freedom Fighters this week.

Instead, he was keen to donate the money to victims of the VBS Mutual Bank collapse, he said. The bank made headlines in a scandal that saw almost R2bn being looted, impacting some 22 000 depositors, mostly the poor in rural areas.

This after the South Gauteng High Court in Johannesburg ruled in Manuel's favour on Thursday and ordered the EFF to apologise and remove its "unlawful" statement from all its media platforms within 24 hours.

read full story @fin24.com