Simelane allegedly took the half a million rand loan from a company that brokered unlawful investments of R349-million into VBS Mutual Bank
ActionSA has filed an urgent complaint with the Public Protector against Minister of Justice, Thembi Simelane, in connection with an alleged loan she took from an accused VBS Bank investment broker.
Razwinane and Gundo also brokered investments on behalf of VBS Mutual Bank and the Polokwane Municipality invested R349 million in the bank, according toWhen VBS imploded in March 2018, forensic investigations found it had rewarded Razwinane with kickbacks totalling R24.2 million for being a commissioning agent for various municipalities and state entities.According to the report, investigators found these to be corrupt transactions and contraventions of the Municipal Finance Management Act.
ActionSA Parliamentary Caucus Leader Athol Trollip said the party will write to inform President Cyril Ramaphosa about the complaint against Simelane. “Consequently, it is a matter of grave concern that Minister Simelane, who now oversees the Department of Justice and who wields significant influence over the National Prosecuting Authority , is the very person responsible for the institution tasked with prosecuting corruption, potentially including this very matter,” the Trollip saidTrollip said if the Public Protector concluded there was sufficient evidence of wrongdoing, it would ask Ramaphosa to remove Simelane as Justice Minister.
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