Julius Malema says he will resign as the EFF’s party leader if he is found to have influenced municipalities to invest in VBS Mutual Bank.
Malema made this promise to journalists on Thursday at the party’s headquarters in Braamfontein.
“If there is any municipality that can say he has invested money in VBS because I said so, I will resign immediately from all posts in the EFF.”
According to Malema, he invited the journalists to give them “his version” of his alleged involvement in the VBS saga and other scandals in the past that he is involved in.
“This is my version. I never got a cent from VBS. And what do I need from VBS, in exchange for what? “
It follows allegations that he and senior EFF party members benefited from the nearly R2bn looted with the bank’s top management.
Eight suspects, including top officials from VBS, were arrested last week for fraud, theft, money laundering, corruption and robbery. The case in the Palm Ridge Magistrate’s Court in Johannesburg was postponed until October.
Thys Wienekus, 64, the former chief financial officer of the Merafong municipality on the West Rand, is the ninth person arrested in connection with the VBS case. He appeared briefly in the Pretoria Commercial Court on Thursday on a charge of violating the Municipal Finance Management Act (Act 56 of 2003). This is related to an investment of R50m made at the bank.
Despite the arrests, Malema says there was no one close to him who benefited from the bank’s looting, nor did he.
He said all the allegations against him and senior party members were a smear campaign against the EFF.