United Democratic Movement (UDM) leader Bantu Holomisa has recently asked President Cyril Ramaphosa to extend the powers of the state capture inquiry or establish a new inquiry to look into the VBS Mutual Bank  allegations.

Holomisa says they want the president to get to the bottom of this scandal, “We have seen in newspapers over a period of time where the billions of rands are reported to have been embezzled or taken out of the Public Investment Corporation (PIC) in an illicit way, but Mr President, can your government take an action especially that you have been claiming to be batting on a wicket of anti-corruption, This is a right time.”

Holomisa also wrote an open letter to Ramaphosa titled ‘Unmasking Harith and Lebashe’s alleged fleecing of the  PIC’, on how the rich people are plundering PIC through companies like VBS Bank.

The UDM leader  says he hopes the president will respond positively.

Watch full interview below: