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Floyd Shivambu
Floyd Shivambu

EFF’s Floyd Shivambu allegedly involved in another scandal – report

EFF deputy president Floyd Shivambu, already under fire in the VBS Mutual Bank scandal, seems to be embroiled in another scandal linked to a controversial businessman who is being investigated for his role in alleged impropriety at the Public Investment Corporation (PIC).

On Friday the Mail & Guardian reported that it had seen screenshots of text messages believed to be a conversation between Floyd and the businessman that suggest a direct link between the EFF deputy president and his brother Brian Shivambu’s business.

In those messages, Floyd provides Brian’s business account details to controversial PIC beneficiary Lawrence Mulaudzi.

Mulaudzi is currently being investigated for a R300 000 request for payment to an alleged lover of PIC boss Dan Matjila.

The same account number provided by Floyd, registered in the name of Grand Azania, has been linked to the suspicious VBS Mutual Bank payments.

The Mail & Guardian reports that it has established that the account is one of several accounts submitted to Geoff Budlender, SC, as part of his investigation into impropriety at the PIC.

News24 Reporter

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