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FILE: Brian Shivambu, the man who allegedly pocketed more than R16 million from the VBS bank scandal, is said to be the younger brother of Economic Freedom Fighters (EFF) Deputy President Floyd Shivambu. Picture: Supplied.

Brian shivambu

Brian Shivambu to pay back R4.5m received from looting of VBS - report

By Eyewitness News

An acknowledgement of debt contract seen by the 'Daily Maverick' revealed that the Brian Shivambu, the brother of EFF deputy president Floyd, signed the...

  • FILE: Brian Shivambu, the younger brother of Economic Freedom Fighters (EFF) Deputy President Floyd Shivambu. Picture: Supplied.

    Court orders Brian Shivambu to pay R1.8m to VBS liquidators

    The order forms part of a bid by Anoosh Rooplal - the liquidator of VBS Mutual Bank - who aims to recover R2.7 million that was part of a R4 million loan granted to Shivambu’s company, Sgameka Projects in 2017.

    1041 days ago
  • Floyd Shivambu addresses EFF members outside the venue of the state capture inquiry on 19 November 2018. Picture: Abigail Javier/EWN

    EFF's Shivambu used influence to secure VBS Bank loan for parents' home - report

    The EFF has exonerated Shivambu from any wrongdoing in the VBS Mutual Bank scandal that involves his brother.

    1304 days ago
  • EFF leader Julius Malema at a media briefing. Picture: Abigail Javier/EWN

    Malema's cousin linked to VBS 'looting'

    The 'Mail & Guardian' is reporting on Friday morning that Floyd Shivambu's brother Brian paid money into Julius Malema's cousin's bank account.

    1349 days ago
  • EFF Chief Whip Floyd Shivambu. Picture: Bertram Malgas/EWN

    Tables turn on Shivambu as MPs chant 'pay back the money'

    It was reminiscent of the EFF’s calls in 2014 on former President Jacob Zuma to pay back the money for his Nkandla home upgrades.

    1352 days ago
  • FILE: EFF deputy president Floyd Shivambu. Picture: @EFFSouthAfrica/Twitter

    DA urges Parly ethics committee to summon witnesses in Shivambu probe

    'The Great Bank Heist' report revealed how money was looted from VBS, with Shivambu’s brother allegedly receiving over R16 million in gratuitous payments.

    1356 days ago
  • EFF deputy president Floyd Shivambu at a media briefing in Johannesburg on 16 October 2018. Picture: Abigail Javier/EWN

    DA wants Parly committee to conduct public hearings as part of Shivambu probe

    Parliament's ethics committee will be probing Floyd Shivambu’s possible conflict of interest regarding payments he received from his brother, Brian.

    1357 days ago
  • EFF leader Julius Malema at a media briefing in Johannesburg on 16 October 2018. Picture: Abigail Javier/EWN

    Malema: EFF not scared of Pravin Gordhan

    EFF leader Julius Malema and his party lashed out at Gordhan, calling him the most dangerous man and accused him of blackmailing and intimidating its leaders through the VBS scandal.

    1358 days ago
  • EFF deputy president Floyd Shivambu at a media briefing in Johannesburg on 16 October 2018. Picture: Abigail Javier/EWN

    Floyd Shivambu: My brother is prepared to pay back VBS Bank money

    Shivambu was mentioned in the Reserve Bank's investigation report as having received R16 million in gratuitous payments from the institution which was placed under curatorship.

    1358 days ago
  • The Economic Freedom Fighters' Julius Malema is briefing the media on the allegations that it benefitted from the looting of VBS Mutual Bank. Picture: EWN

    Malema: EFF has no reason to doubt Floyd Shivambu

    The Economic Freedom Fighters' Julius Malema is briefing the media on the allegations that it benefitted from the looting of VBS Mutual Bank.

    1359 days ago
  • FILE: EFF leader Julius Malema. Picture: @economicfreedomstruggle/Facebook.com.

    EFF expected to clarify if it received money from VBS 'heist'

    The party will hold a media briefing almost a week after reports emerged that it received over R10 million of the money that was siphoned from the bank.

    1359 days ago
  • EFF chief whip Floyd Shivambu. Picture: @EFFSouthAfrica/Twitter

    DA reports Floyd Shivambu to ethics committee over alleged link to VBS scandal

    The DA says the red berets have always claimed to be fighting for the poor yet the looting of VBS Bank has led to the suffering of many vulnerable South Africans.

    1360 days ago
  • Picture: VBS Mutual Bank Facebook page.

    VBS fraud: ANC official demands retraction of claims, apology

    Danny Msiza has set a deadline of Monday afternoon for the retraction and is also demanding an apology.

    1361 days ago
  • FILE: Brian Shivambu. Picture: Supplied.

    Brian Shivambu’s lawyer accuses Sarb of violating his constitutional rights

    Brian Shivambu is implicated in Advocate Terry Motau's report on VBS Mutual Bank, titled ‘The Great Bank Heist’, which was released by the Sarb.

    1362 days ago
  • The EFF's Floyd Shivambu attended proceedings at the Constitutional Court in Johannesburg for the Nkandla matter on 09 February 2016. Picture: EWN

    VBS bank ‘heist’: Can Floyd Shivambu face corruption charges?

    If Brian Shivambu did unlawfully receive funds from the VBS bank and then gave some to Floyd, the older sibling might find himself facing corruption charges.

    1362 days ago
  • FILE: Picture: VBS Mutual Bank Facebook page

    Terry Motau may face legal backlash over VBS fraud report

    Advocate Terry Motau compiled the report titled 'The Great Bank Heist' which details how R1.8 billion was brazenly stolen from the mutual bank.

    1363 days ago
  • The VBS Mutual Bank logo. Picture: vbsmutualbank.co.za

    NPA, Hawks plan series of meetings to finalise VBS Bank fraud probe

    The South African Reserve Bank released a report titled 'The Great Bank Heist' this week, which details how R1.8 billion was brazenly looted from the mutual bank.

    1363 days ago
  • EFF deputy president Floyd Shivambu at the Buang Basadi event. Picture: @EFFSouthAfrica/Twitter

    EFF to respond to VBS Bank fraud claims next week

    The 'Daily Maverick' is reporting that Floyd Shivambu's brother, Brian, was one of the individuals who received millions of rand through his company which was then given to Shivambu and his party.

    1364 days ago
  • FILE: EFF chief whip Floyd Shivambu. Picture: @EFFSouthAfrica/Twitter

    Questions raised over extent of EFF involvement in VBS Bank fraud

    EFF deputy president Floyd Shivambu has been identified as one the people implicated in what's been called 'the great bank heist'.

    1364 days ago
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