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EFF Deputy President Floyd Shivambu

VBS saga: Carrim fires back at Shivambu

Economic Freedom Fighters (EFF) Deputy President Floyd Shivambu has written a letter to Chairperson of the Standing Committee on Finance, Yunus Carrim,  supposedly challenging  him to recuse himself from chairing the committee meeting on Advocate Terry Motau’s VBS Mutual report, “The Great Bank Heist” citing irreconcilable situation.

In a letter to Carrim, Shivambu  said “I take it though that you will “answer honourably and honestly”

Carrim serves on the Central Committee and Politburo of the South African Communist Party (SACP) which Shivambu proclaims the ANC alliance party got R3 million donation from VBS and Vele Investments to host a congress.

In a statement on Wednesday Carrim denied VBS conflicted him, saying he knows absolutely nothing about the alleged donation to the SACP and that the party’s office bearers informed him it didn’t get such donation

“But even if the SACP had received R3 million donation, how does it follow that I am personally conflicted.

Your allegation seems to suggest that you think I should recuse myself from chairing the Committee meeting.

So if there is anybody who might have a conflict of interest, it is you who is being accused of this,” said Carrim.

“Well, the same applies to you. Provide the evidence to the SACP. Why did you not do this and make this evidence available to the media. Instead of wasting my – and the taxpayers’ – time with your letter.”

Actually, it is your brother, not mine, said Carrim who is alleged to have received about R16 million from Vele Investments or VBS.

“Advocate  Motau’s Report notes that “VBS and Vele are intertwined in the conspiracy to defraud the depositors,” said Carrim.

And it is you, not me, who is to appear before Parliament’s Ethics Committee to respond to allegations that you benefitted from VBS or Vele Investments.

“So if there is anybody who might have a conflict of interest, it is you who is being accused of receiving the donation.

Yet the Committee has not asked you to recuse yourself from today’s meeting.

We consider you innocent of these allegations until proven otherwise,” said Carrim.

“I take it though that you will “answer honourably and honestly” when you appear before the Ethics Committee and any other structure that might investigate the allegations against you.

And that you will attend to matters related to this “expeditiously….given the urgency and sensitivity” it warrants,” added Carrim.

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