Simelane’s VBS nightmare not over, as questions not satisfactorily answered
Justice minister Thembi Simelane did not impress members of the portfolio committee on justice, when she appeared before them to answer questions relating to a loan she obtained from a company linked to VBS Bank. Simelane, who was Polokwane mayor at the time, also oversaw an unauthorised investment of R349-million of municipal money into the bank – it was withdrawn before the VBS crash on the advice of a new municipal manager.