WATCH LIVE: VBS scandal discussed in Parliament’s Finance Committee
The large-scale looting of VBS Mutual Bank is
expected to be discussed in detail at Parliament's Standing Committee on Finance on
Wednesday.
Watch below:
Advocate Terry Motau compiled the report, entitled "The Great Bank Heist", which revealed how 52 individuals looted almost R2 billion from the bank.
The explosive report has implicated some ANC officials, including the deputy chairperson of the ANC in Limpopo Florence Radzilani and provincial treasurer Danny Msiza.
The report also implicated Economic Freedom Fighters Deputy President Floyd Shivambu's brother, Brian, as one of the people who benefitted from the scheme, apparently walking away with R16 million.