Looted VBS bank laying off staff: EFF also received money

Die Vryburger

Looted VBS bank laying off staff: EFF also received money. Photo: Die Vryburger
Looted VBS bank laying off staff: EFF also received money. Photo: Die Vryburger

The looted VBS bank will lay off about 100 of its staff members, leaving only 25 staff members left. The staff’s last day at the office will be 12 November 2018.

At this stage it is uncertain how long these 25 staff will retain their jobs, as all signs indicate that after all the looting of its assets, the bank will not survive for a long time.

The employees who will be fired will receive severance packages and receive their 13th check.

Meanwhile, more voices are being heard that the culprits in the looting scandal be brought to book, among them is the EFF’s deputy leader’s brother. Floyd Shivambu appears to also have benefited, and money has also been paid into the EFF’s account.

With this disclosure, the EFF has been embarrassed because they still takes a strong stand against theft and corruption, and now it seems that they are involved.

Read the original article in Afrikaans on Die Vryburger

South Africa Today – South Africa News

EFF has gone silent on how the Shivambu’s plundered VBS Bank

Related Post

Suspect arrested with stolen firearm in King Willi... King William’s Town: Patrolling crime hotspot areas and following up on information in Gelvandale where shootings is rife resulted in the arrest of a ...
Police resources wasted to take pupils to Newcastl... KwaZulu-Natal: The Acting Provincial Commissioner, Lieutenant General Nhlanhla Mkhwanazi, has condemned the use of a public order policing vehicle and...
SAPS discovers drug laboratory in Mayberry Park, A... Gauteng: The Gauteng Narcotics team from the SAPS Provincial Organised Crime Detectives, on Monday 22 October 2018 around 23:00 uncovered a drug labor...
Killers of Soweto guards killed by SAPS – Du... Pretoria: Two men allegedly responsible for the killing of two security guards last week in Gauteng were shot and killed by police during early hours ...
Disclaimer: The views of authors published on South Africa Today are their own and do not necessarily represent the views of South Africa Today. By viewing, visiting, using, or interacting with SouthAfricaToday.net, you are agreeing to all the provisions of the Terms of Use Policy and the Privacy Policy.