Calls for VBS-linked Thembi Simelane to step aside intensify

Calls for VBS-linked Thembi Simelane to step aside intensify

The Democratic Alliance (DA) calls for justice minister Thembi Simelane to step aside from her role pending the current investigation into her R500 000 loan from VBS-linked broker Gundo Wealth Solutions.  In August, the Daily Maverick reported that Simelane received R575 600 from Gundo to purchase a coffee shop in Sandton. On Friday, 6 September, … Read more

Simelane ignored cheaper banks to borrow at ‘mashonisa’ rates from VBS broker, MPs hear

Simelane ignored cheaper banks to borrow at ‘mashonisa’ rates from VBS broker, MPs hear

Thembi Simelane says her loan from Gundo Wealth Investments is akin to borrowing money from a friend or family member. Simelane, the minister of justice, stood in front of members of Parliament (MPs) on Friday morning to give an account of her dealings with Gundo Wealth Solutions, a company that received illicit VBS Bank money. … Read more

Malema the whistleblower in VBS allegations against justice minister?

Malema the whistleblower in VBS allegations against justice minister?

ActionSA has filed a complaint with the Public Protector against Justice Minister Thembi Simelane, who took a loan of almost R1 million from a company implicated in the now-defunct VBS Mutual Bank corruption scandal. According to a Daily Maverick report, Simelane took a loan of R575 600 during her tenure as Polokwane municipality mayor, from … Read more