POLITICS

VBS: EFF confirms Shivambu brothers exchanged money – Phumzile van Damme

DA spokesperson says Hawks must investigate immediately

EFF confirms that money was exchanged between the Shivambu brothers- Hawks must investigate

16 October 2018

The Economic Freedom Fighters’ press conference on the VBS looting was all sound and fury and fell short on clarifying Floyd Shivambu’s involvement in the VBS scandal. Instead, it was a flimsy attempt to divert attention by launching veiled attacks on the National Treasury, the South Africa Reserve Bank (SARB) and journalists on unverified allegations.

The Democratic Alliance calls on the Hawks to launch an official investigation into allegations against Shivambu on the role that he, and his brother, may have played in the VBS heist.

The SARB’s report implicates Brian Shivambu as a major beneficiary of the VBS heist to the tune of R 16 million. Julius Malema confirmed that as brothers, there were numerous transactions between Floyd and Brian. He could not rule out the possibility that proceeds of crime may have funded functions of the organisation. As such a full forensic investigation is necessary.

It is simply not enough for the EFF to claim they have satisfied themselves by looking at Floyd’s bank statements. The Hawks must now conduct a full investigation to establish definitively whether the money that was sent from Brian to Floyd was through the proceeds of the VBS Heist.

The EFF has not been forthcoming about whether they have as a party received any funding from any proceeds of the VBS Heist. We have, for months, challenged them to come clean about this. When asked, they simply obfuscate and detract from the question as they did during today’s press conference.

If they truly have nothing to hide, Shivambu and the party should submit their books for forensic investigation by the Hawks with immediate effect.

The DA has already submitted a complaint to the Parliamentary Ethics committee to probe Floyd Shivambu on his possible conflict of interest with his brother Brian. During today’s press conference Malema admitted that money was transferred between Brian and Floyd Shivambu. Clause 5.2 of the Parliamentary Code of Conduct “makes provision for a member, or their immediate family member to not accept any reward, benefit or gift from any person or body that creates a direct conflict or business interest for such Member". This is evidence that Floyd Shivambu failed to disclose his conflict of interest in Parliament when the VBS matter was discussed.

The VBS heist has cost poor South Africans and struggling municipalities millions of rands and it is incumbent upon on the Hawks to ensure that those implicated are held to account.

This scandal proves that the ANC and the EFF are in the same coalition of corruption. The South African people deserve better than this.

Issued by Phumzile Van Damme, Team One South Africa Spokesperson on Corruption, 16 October 2018