Limpopo ANC treasurer Danny Msiza has stepped down from that position after he was embroiled in the VBS Mutual Bank scandal.
In October, a forensic report compiled on behalf of the SA Reserve Bank into allegations at VBS by advocate Terry Motau and Werksmans Attorneys placed Msiza as a commission agent in Limpopo, which ensured that municipalities illegally deposited funds into VBS.
The ANC in Limpopo on Wednesday confirmed that Msiza “accepted” a decision by the ANC’s national working committee that he must step aside until his name was cleared.
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