DA wants details of West Rand District’s investment into VBS

The Democratic Alliance (DA) has called on the West Rand District Council to release a forensic audit report into money invested in VBS Bank. The party also wants the council to take action against those implicated in the VBS Bank scandal.

The DA’s Gauteng Premier candidate Solly Msimanga took his election campaign to Randfontein on the West Rand on Monday. He says money invested in the bank should have gone to the provision of services for locals.

Msimanga believes the report will give clarity on the amount invested in VBS.

“We want to get to the bottom of this VBS issue here in Gauteng and this is why I said within the first 100 days of us coming into office, one of the things that we will do is to commission an inquiry into the Gauteng’s own state capture, including the municipalities that have put money into VBS. I know that this municipality had actually instituted an investigation. There is a report which now hasn’t been released,” says Msimanga.