VBS Bank expert claims that Floyd Shivambu's arrest is imminent

VBS Bank expert claims that Floyd Shivambu's arrest is imminent

- Investigative journalist Dewald van Rensburg is convinced that Floyd Shivambu's arrest is a 'very real prospect'

- The Economic Freedom Fighter deputy has too many links to the VBS Mutual Bank scandal

- This comes shortly after Deputy Chief Justice Raymond Zondo subpoenaed SA banks to probe the Shivambu and EFF leader Julius Malema

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Dewald van Rensburg is adamant that EFF deputy Floyd Shivambu faces the 'very real prospect' of arrest for his ties to the VBS Mutual Bank saga.

Two years ago, the journalist published his book detailing the corruption that brought the entity to its knees.

Now, Van Rensburg insists that the is far too much 'illicit financial flows' between the party and those accused of looting the bank.

A number of reports have detailed the alleged ties between Shivambu and his brother Brian to the bank.

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VBS Bank expert claims that Floyd Shivambu's arrest is imminent

Shivambu's arrest, in Van Rensburg's opinion, is imminent. Image: Twitter/ @EFFSouthAfrica
Source: UGC

Brian Shivambu stands accused of fraudulent operations through the bank to the tune of R10 million.

This scandal has seen the EFF lashing out against many of the publications barring the media houses from party events.

Leader Julius Malema told the investigative journalists to 'go to hell' and the situation has slowly soured as time progressed.

Weighing in on the situation, Van Rensburg says the odds are stacked against Shivambu. Explaining that the probe at the State Capture Inquiry in addition to VBS reports revealed 'very compelling evidence against Shivambu.

The reporter says that 'at the very least' money was received by the EFF and Shivambu that was not 'legitimately earned'.

As for Brian Shivambu, the journalist insists that it remains highly improbable that he isn't involved, Van Rensburg is adamant that, due to the fact that he regularly sent money to the Red Berets, Shivambu is 'obviously at the centre of all this'.

Malema says he is willing to cooperate with State Capture Inquiry

Earlier, Briefly.co.za reported that Deputy Chief Justice Raymond Zondo had issued major banks with subpoenas to provide the financial records of the Red Beret boss, his wife and even his late grandmother Sarah.

Shivambu had signalled his fury after learning of the situation, taking to social media to comment that:

"Now that Zondo & the handled administrators of the State capture commission are failing to pin down the Guptas, they’re using the Commission to fight political battles of Jamnandas & the white capitalist establishment. We will expose their misguided political agenda. Disgusting!"

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Source: Briefly.co.za

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