The SARB report found that R1,894,923,674 (US$ 130 million) was transferred from the Bank to fifty three individuals between 15 March 2015 and 17 June 2018. According to the report, R16,148,569 (US$1.09 million) went to Brian Shivambu, younger brother of the anti-white Economic Freedom Fighter senior politician Floyd Shivambu.
Other cash went to local government officials in at least 15 regions as payments for switching banking facilities to the African-owned bank. Among those implicated are the African National Congress’s deputy chairman for the northern Limpopo province, Florence Radzilani, and that organization’s regional treasurer, Danny Msiza.
ᎳhᎬᏁ Ꭺ ᎶuᏁ ᏟuᏞᏆuᏒᎬ fᎪᎥᏞs, Ꭺ ᏒᎪᏢᎬ ᏟuᏞᏆuᏒᎬ ᏢᏒᎬᏉᎪᎥᏞs