ANC pledges to return VBS funds if implicated, will act against criminally charged members.

ANC Secretary General Fikile Mbalula stated that the ANC will return any funds received from the collapsed VBS Mutual Bank if found to have benefited from the scandal. The decision follows allegations that ANC members, including former Limpopo premier and ANC treasurer-general, were implicated in the looting of the bank. Mbalula said the ANC will only act against those who have been criminally charged rather than acting on allegations and that all ANC members linked to the VBS looting will step aside once arrested.

August 01, 2024
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