VBS Bank | Saga indicative of political elite's accumulation by dispossession: Prof Breakfast
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- Опубліковано 21 сер 2024
- Minister in the Presidency Khumbudzo Ntshavheni says with the latest revelation in the VBS saga will go a long way in ensuring justice for those who lost their money when the mutual bank was looted.
She was speaking on the sidelines of the Cabinet Lekgotla at the Sefako Makgatho Presidential Guesthouse in Pretoria.
In an explosive affidavit that outlines how one-point-nine billion rand was looted from VBS - former chairperson, Tshifhiwa Matodzi implicated several politicians from the ANC and EFF among others. Ntshavheni says justice for the victims of the bank is getting closer.
Political Analyst, Prof Ntsikelelo Breakfast is with us
For more news, visit sabcnews.com and #SABCNews on all Social Media platforms.
Really disgusting. Wonder if there's still someone that can tell us if Zuma paid back his loan. Plundering meager earnings of the poor and they try to make us believe they care for black economic empowerment. What a shame!
EFF the worst hypocrites
It's the double standard and hypocrisy of our politicians, this center politics is destroying trust and confidence in them.
Amazing 1.1 billion. SA is courrpt and Incompent capital of the world. Let's hope they follow the money.
They are plundering all the way, the most disappointing is Dr Zweli Mkhize it would seem his fingers are all over the steamy pies😅.
Politicians really are about looting, colonization was about looting and today looting is taken to another level
Shoes cost R27000 where did money from who will buy Shoes 👞 for that amount
Who bought shoes for that amount?
Juju😂@@tsekomofokeng182
@@tsekomofokeng182 Jesus.
😂😂😂😂
@tsekomofokeng182 CIC
Seeing the EFF and the SACP mentioned among those who received VBS cash says a lot about what they think of the poor in SA.
They think of poor people as fools. How can anyone who is supposed to be a social justice warrior have anything to do that could harm a local bank? Same people are advocating for state to own banks. Who are they kidding?
Poor must just vote for them thats all
People want justice.
But Prof Philip Truter was the first to concede in as far as VBS is concerned. The dud was CFO if I am not mistaken. He agreed to turn state witness in return he got solitary confinement I think for 10 years. As we vindicate Pauli van Wyk.....
Red to orange jumpsuit
😂😂😂😂
Pieter Groenewald wag Vir hom
@@craigclifton7254 ha ha 😂 🤣 😆
It is amazing when EFF demand Concourt to investigate the Phala Phala and get a nod, all the sudden this vbs things emerge 😂😅😂😂
Eff is suppose to fight for the poor and Julius wears 27,000 shoes, hypocrites
Prof. Nsikelelo Breakfast🙂🙂🙂 never heard of this surname before
Adopt him
Ababoshwe izigebengu aziye
Khuluma nonsense wena !
@bridges5659 there are poor people who lost their money because of this
Madambi Muvhulawa, founding director of VBS Bank, blames KPMG Auditors for covering up the looting by submitting false audits to the board!
KPMG is complicit in the bank heist and must pay back the money they received from VBS bank.
And GO TO JAIL!
The new robin hoods stealing from the poor to enrich yourself because you like gucci and big cars
There must be bank statements
The news reporters must please investigate all property bonds by this so called bank if the people did or not pay these bonds, monthly and if they where sold and where did the money go. Theres a big story in this also the company handling this bankrupt place. (For the Venda) old people. A statement from there doings will be answering a lot of questions.
DA received a donation from corrupt Guptaz, EFF received a donation from corrupt Matodzi/VBS.
SACP had it's R3 million hotel Conference Bill paid by Corrupt Matodzi/VBS.
Now, why is DA and SACP neglected.
If getting a donation from a corrupt person means you are corrupt then DA and SACP must answer not selective scrutiny
You are lying through your teeth . DA never received a donation from the Guptas.
@@charliepepper3039 For your little one sided information, Google a letter written by your Madam Zille to the Guptaz thanking them for their donation. It is on a public domain I don't know why you missed it
It is true 😂😂😂😂😂😂😂 holi d .a can never be wrong @@charliepepper3039
Banks Manipulating trillions of Rands 😢😢😢
Eff say they are for the poor but took money belonging to elderly poor black people
DA never collapsed a bank
Because no one is exposing them
The afidavid has actually exonerated the EFF because Matodzi said it was a donation and all parties receive donations from the public. The DA did receive money from the Guptas. All parties need money for campaign whether they are fighting for the poor or not.
A million rand per month???? Donation?? For how many months???the first payment was Million rand? This is ridiculous!!!! Why did they not use the organisation's banking details if they were honest??
I feel sorry for the people who sacrificed in order to achieve their goal, and they are robbed from their savings. It's heartbreaking 😢😢😢😢😢
Are they going to get the money back???
VBS can be grouped into State capture. The bank was captured by State officials.
Were these amounts of money placed in bank accounts or in lounge sofas?
🤮