EFF deputy president and party parliamentary chief whip Floyd Shivambu's younger brother Brian has been slapped with two lawsuits by VBS curator Anoosh Rooplal over his R5.5m debt allegedly owed to the collapsed bank.
In his first application, which sought to sequestrate Brian, Rooplal argued that the businessman signed as surety on behalf of his company for a loan of R4m. "The claim arises from the respondent's obligations for having stood surety for the debts of Sgameka Projects... to VBS," reads the affidavit. However, according to the statements of account annexed to the papers, Brian allegedly defaulted on the repayments for nine months and was as of April 2019 in arrears of R1.7m and a total amount due to the bank was standing at R1.9m.
JohnBis75624915 😂😂🙏🏽
Not surprising. One day we will understand where eff funding comes from. CORRUPTION AND ROBBERY.
Dont u worry Brian,big brother will make a plan: he always does; that's why he's in politics!
which Party does dis guy belong
OUCH so it's happening WhatIsFloydDoing? Its must be rough in the Shivambu home 😭😭😭😭Now Remember the Gogos they stole from and taxpayers they stole from... It's a lot of pain to carry
FloydShivambu please sue this defamation of character.
Trixasis1 Amandiya azonimosha uma nibhayiza niwanika isizathu buka asikwazi ukunivikela manje cause u ate from the poor
Why drag FLOOID into this?
5.5m bankrupted VBS?
Basically zindaba
I hope very soon your headlines will read: Ace Magashule'son linked to the Gupta projects in the free state.
Nice one sowetan, it was nicewhen was Zuma the stooges are crying now
Pay back time question is,is he willing to go down alone or he.ll spill the beans
U now being stupid sowetanlive....u must start taking us seriously don't use us for your agenda. Name the person u want to write about and keep it there please
Momoniat at TreasuryRSA there is misusing state resources to push PravinGordhan 's personal agendas. ThumaMina Ramaphosa KnowYourANC
SundayWorldZA guys, grow up please, his name is Brian Shivambu. We don't wanna know his siblings
This is Cringe worth, absolutely Garbage. What kind of journalism is this?
Is it so difficult to directly mention Brian shivambu's name without mentioning is brother who is the deputy president of EFFSouthAfrica . This a real fake news.
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Floyd Shivambu's brother faces huge VBS Bank claimThe liquidators of VBS Mutual Bank are suing Brian Shivambu, the brother of EFF deputy president Floyd Shivambu, and his company, Sgameka Projects, for R4.2m in unpaid loans and mortgages. Floyd, are you going to help your brother again? You know media they are good on this of dragging innocent names in someone's matters.why don't you the accused name instead of his brother?
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