EFF deputy president Floyd Shivambu has defended his younger brother Brian using proceeds of the looting of the doomed VBS Mutual Bank to buy him a luxury vehicle.
The Mail & Guardian reported on Friday that Brian’s company Sgameka electronically transferred R680 000 to Trenditrade 23, which trades as the Land Rover dealership where his elder brother traded in his 2013 Range Rover Sport in exchange for a brand new one. ”And the b******t that the money was stolen from VBS is your own MADNESS because he paid the loans he had from VBS,” Floyd told the weekly publication.Shivambu said Brian paid R680 000 to the dealership as part of his purchase of one of his old cars – a 2012 BMW 7 Series – that was involved in an accident and repaired by a panel beater over a period of three-years.
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Floyd Shivambu's Range Rover Sport bought with R680k top-up from VBS Mutual Bank - reportEFF deputy leader Floyd Shivambu has conceded that money from VBS Mutual Bank partially financed his Range Rover Sport but says the money is clean. Cleanly swiped, yes. Finally. Keep pressing. There are more explanations here. People were right. There is no smoke without fire. Today he admits the money was from vbs. I like it. Millionaire communist
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Floyd Shivambu's Range Rover Sport bought with R680k top-up from VBS Mutual Bank - reportEFF deputy leader Floyd Shivambu has conceded that money from VBS Mutual Bank partially financed his Range Rover Sport but says the money is clean. Cleanly swiped, yes. Finally. Keep pressing. There are more explanations here. People were right. There is no smoke without fire. Today he admits the money was from vbs. I like it. Millionaire communist
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Brian is VBS only to imigodoyi... I Have My BMW paid By African Bank Before Recapitalized So when can we expect his resignation speech?
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