Former Treasury DG Mogajane denies VBS bribery claims

This after former he was implicated by former VBS Mutual Bank chairperson Tshifhiwa Matodzi.

Matodzi has been sentenced to 15 years in prison for his role in the institution’s collapse after striking a deal with the State. 

The 47-year-old pleaded guilty to 33 counts of corruption, theft, fraud, money laundering, and racketeering after entering into a plea agreement with the State.

In a 263 paged affidavit, Matodzi said a R1 million bribe was paid to facilitate the reversal of a National Treasury letter advising municipalities to divert their funds from VBS.

However, Mogajane has denied ever received any money. 

"I proudly served with distinction, honesty, loyalty, and humility as a dedicated public servant for 23 years, the last five of which were as Director-General of National Treasury," he said in a statement 

"My record is clean in terms of how I ran my department and conducted myself as a member of National Treasury.

"As evidence of the stance that both myself and National Treasury took against Matodzi and VBS, all filed affidavits, statements, minutes of meetings, circulars, and general records dating as far back as 2017, are with the relevant authorities.

"I will not be trialed by corrupt individuals or those driving their own agendas, and I will not allow anyone to tarnish my name.

"The same moral fibre and values that I demonstrated throughout my 23 years serving the state and the South African public, guide me today. These values are in my DNA. My principles and values continue to govern my business dealings and remain exactly the same."

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