Current Affairs: Justice minister took half-a-million-rand 'loan' from accused VBS investment broker

The Aubrey Masango Show

On this second part of current affairs we talk to daily maverick’s Pauli van Wyk, regarding an interesting article she wrote with News24’s Kyle Cowan titled “Justice minister took half-a-million-rand 'loan' from accused VBS investment broker”. The article talks about Justice Minister Thembi Simelane who took a loan of more than half-a-million rand from a company that brokered unlawful investments of R349 million into VBS Bank by the Polokwane Municipality – while she was mayor of the city in 2016. According to Simelane's version, the R575 600 was "a loan" for "the purchase of a coffee shop business". She states the "loan in question has since been paid in full” but did not respond to requests for supporting documents to prove this version. Minister Simelane also does not believe that there is a conflict of interest between her previous involvement with VBS and her position in the executive. Pauli joins us t talk about this interesting development.

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