Looted VBS bank laying off staff: EFF also received money

Die Vryburger

0
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

Reaction officer shoots and kills armed Winston Pa... A Blue Security armed response officer shot and killed a housebreaker who lunged at him with a knife on a property in Winston Park in the early hours ...
Serving hungry people for over 80 years Almost everyday, hundreds of homeless people gather at the Service Dining Rooms for a warm cooked meal and cooldrink. Situated in Cape Town’s city cen...
Home invasion: Wife fatally stabs intruder, husban... A fatal stabbing occurred at a residence on Sialkot Crescent in Merebank during the early hours of 16 December 2018. Alpha Alarms Response Unit respon...
Home invasion: Man (79) was tied up and suffocated... Four suspects including a woman are expected to appear in court on 18 December 2018, for murder and robbery following the death of a 79 year old man a...
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.