EFF deputy president Floyd Shivambu was in the news again on Friday after the Mail & Guardian reported that it had discovered alleged links between a vehicle he once owned, a Range Rover Sport, and illicit money from the looted VBS Mutual Bank.
The weekly reported that the car had been in Shivambu’s name until December and the Hawks were looking into whether it was bought with VBS money.
However, the Hawks themselves have not confirmed whether this is true.
Shivambu allegedly paid cash for the vehicle, which retails at more than R1.1 million when new. His cousin now owns it.
Shivambu took to Twitter on Friday to reiterate denials that were already reflected in the M&G article. He said he’d bought the car through a trade-in, and that the difference he’d paid was nowhere near R1 million.
He accused the M&G of repeating “lies” its journalists were being told by lawyers allegedly friendly with another investigative journalist who has been a thorn in the side of the EFF, Paul van Wyk.
The legal firm in question, Werksmans Attorneys, has been representing VBS liquidator Anoosh Rooplal.
Despite illustration that the car I own was bought through a trade in of a car financed long before any VBS and that the difference paid is nowhere close to the R1 million, the Foolish M&G stooge Journalists still write lies of Werkmans & Bernard Hotz (Pauli van Wyk’s friend).
— Floyd Shivambu (@FloydShivambu) September 20, 2019
You can read all the details about the M&G investigation here.
(Compiled by Charles Cilliers)