Vhembe ex-mayor allegedly had no idea municipality invested R300M in VBS

Vhembe ex-mayor allegedly had no idea municipality invested R300M in VBS

Florence Radzilani, former mayor of Vhembe municipality, has been proclaiming her innocence far and wide. Months after the buzz over the VBS Mutual Bank has died down, the now unemployed mayor has been doing the rounds in media.

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Florence Radzilani, the resigned mayor of Vhembe municipality, has been adamant that she had not been aware her municipality invested R300 million in the controversial VBS Mutual Bank.

The now unemployed mayor allegedly received a R300 000 of the R2 billion estimated to have been looted by those linked to the bank.

These are allegations she vehemently denied since the ANC compelled her to step down from her position.

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Radzilani claims that she never authorised the payment, nor did she receive R300 000. She commented that:

“I still maintain that I had nothing to do with VBS. The matter in Terry Motau’s report where I’m implicated, it is a WhatsApp conversation between two people and my phone was never requested to check if indeed I had a conversation with the two people mentioned in the report. Even the investigators never afforded me the opportunity to be heard,”

The ex-mayor maintains that she knew nothing of the investments when she came into office in the same breathe she claims the provincial government knew all about it.

Briefly.co.za reported earlier that the now defunct VBS Mutual Bank, originally aimed at empowerment, was subjected to widespread looting.

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Source: Briefly.co.za

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