Floyd Shivambu: 'I have never received R10 million from VBS'

Floyd Shivambu: 'I have never received R10 million from VBS'

- Floyd Shivambu finally addressed the accusations of him receiving R10 million from embattled VBS Mutual Bank

- Shivambu denies the allegations and says he has no dealings with the bank

- According to Shivambu, the South African Reserve Bank had ulterior motives in dragging the EFF into the bank's scandal

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Floyd Shivambu has finally spoken up about the allegations against him.

The Economic Freedom Fighters' Deputy President insists he never received R10 million from the crumbling VBS Mutual Bank.

The EFF shared a statement by Shivambu on social media in which he addresses the allegations of his link to the scandal-infused bank.

Mbuyiseni Ndlozi, the EFF's spokesperson, stated that Shivambu was never given R10 million from VBS bank or anyone else.

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According to the EFF, the South African Reserve Bank has ulterior motives and meant to mislead South Africans about this.

Shivambu says he has no dealings with VBS and added that linking the EFF to the bank is nothing more than a desperate and cheap political attack.

News24 reports that Shivambu called the sources of the information liars and cowards.

READ ALSO: Video shows the day Ma Sisulu and Ramaphosa nominated Mandela as president

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Source: Briefly.co.za

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