VBS Mutual Bank Saga | ANC to pay back the money

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VBS Mutual Bank Saga | ANC to pay back the money


African National Congress (ANC) Secretary-General Fikile Mbalula says the ANC will pay back all funds it received from the collapsed VBS Mutual Bank.

Speaking on the outcomes of the ANC NEC Lekgotla, Mbalula says the VBS Bank should be restored to its full operation and handed back to its rightful owners.

VBS Mutual Bank collapsed six years…

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44 Comments

  1. In other words the ANC is just as liable of abusing VBS Bank Funds as what the EFF were.???
    They should also be charged in the same manner. Why must TaxPayers money be used to refund this stolen money by their own people??

  2. Are they going to fix the careers which perished with VBS saga. The innocent professionals who found themselves in the crossfire and lost their careers?

  3. So, now ANC AGREES that they benefitted from the VBS MONEY ? Why were they DISTANCING themselves all along as if they were CLEAN AND INNOCENT? Instead , the LOOTING of the VBS was dragged to the EFF LEADERS as if it's them who looted. Should they please EXPLAIN TO THE NATION HOW VBS MONEY HAS MANAGED TO LANDED INTO THEIR WALLET ? We want to know how the VBS money has moved from the VBS Bank ACCOUNT into the ANC's purse. Tshifhiwa Matodzi explained that he DONATED to the EFF. Could he tell us how he gifted the millions to the ANC ?

  4. Go bankrupt the bank where this fool and cadres money is dont worry the anc will pay back, this guy doesnt belong in gov. 🙈🙈🙈🙈🙈🙈🙈🙈🙉🙉🙉🙉🙉🙉🙊🙊🙊🙊🙊🙊🙊

  5. How can the ANC pay back stolen money without the guilty getting sentenced for fraud and theft. If a civilian steals something and gives it back or robs a bank , they will not be charged if they pay or give it back.

  6. Very interesting, ANC will pay back the money. EFF and other beneficiaries will face criminal charges 😮 ANC lives in a world of its own – don't know whether we should call this madness or stupidity

  7. Melama now knows the money was stolen from poor gogos savings at VBS and they desperately need their money back. He has lots of money from kikbacks from dodgy government tenders and donations from cigarette smuglers, he should do the right thing and pay back the money unless he has no morals.