Malema questioned why the EFF should take action against its deputy president if there was no information to that effect.
“If Floyd had stolen money‚ he will be punished accordingly. We are not afraid of the deputy president.”
Commenting on the report‚ the party said it had expressed great disgust at those who had facilitated the collapse of the bank for selfish and self-enrichment purposes at the expense of the poor.
“VBS Mutual Bank was funded on the deposits of humble rural self-help financial associations like stokvels and burial societies. The corruption and maladministration therefore saw many of the villagers unable to even bury their dead.
“We therefore reiterate that all those who have been found to have benefitted illegally from the bank’s collapse must be criminally prosecuted‚” Malema said.
However‚ Malema said the party rejected the witch-hunt and mob justice that sought to declare people guilty through the courts of public opinion.
“The law must take its course and all who are implicated must fully cooperate with law enforcement institutions.”