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Hawks Intensify Probe into Polokwane Municipality's VBS Investments

Published September 08, 2024
1 months ago


In a decisive move signaling an escalation in the investigation related to the infamous VBS Mutual Bank scandal, the Directorate for Priority Crime Investigation, commonly known as the Hawks, swooped in on the offices of Polokwane municipality. The targeted raid is part of the ongoing probe into allegations of corruption tied to the municipal misinvestment of over R300 million in VBS Mutual Bank, which later collapsed under the weight of fraud and malfeasance.


Notable among the items seized were documents, electronic devices, and cellphones from the former personal assistant of high-profile figure, Thembi Simelane, who once held the roles of Justice and Constitutional Development Minister and Polokwane's executive mayor. Underscoring the gravity of the operation, the Hawks refrained from providing comments regarding the raid. Silence from such a powerful investigative entity suggests a careful and strategic approach to the investigation.


Thembi Simelane's past dealings drew increased scrutiny during her recent appearance before the Portfolio Committee on Justice and Constitutional Development. The spotlight centered on a significant R500,000 loan obtained from VBS-linked Gundo Wealth Solutions. Despite the growing controversy, Minister Simelane stoutly repudiated allegations of any conflict of interest linked to her engagement with Gundo Wealth Solutions.


The Polokwane municipality, led by communication manager Matshidiso Mothapo, has confirmed the search and seizure carried out by the Hawks. The municipality has engaged in remedial actions by ensuring that senior managerial staff undergo training in the Municipal Finance Management Act, ostensibly to prevent such fiscal transgressions in the future.


Political reactions have varied from cautious optimism to outright indignation. Members of the opposition, such as the Democratic Alliance's Jacques Joubert and EFF's Lawrence Mapulo, both acknowledged the investigations and expressed expectations of accountability. There resides a lingering sentiment among these parties for a more transparent resolution to the controversy, especially regarding Simelane's role and financial dealings.


SAMWU, the labor union that suffered tragic losses with the murder of two of its leaders following their exposure of the VBS investments, welcomed the raid. The organization, represented by provincial spokesperson Patrick Aphane, remains optimistic about the revelations that might emerge and the justice that could prevail for its fallen whistleblowers.


As the Hawks proceed with due diligence, and political parties voice their concerns, the ANC has reserved its comments while the community at large awaits further developments. The unfolding events mark another chapter in the challenging narrative against corruption in South Africa, with the Polokwane municipality and its actors waiting in the wings of uncertainty as the scales of justice poise to tip in the direction of truth.





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