Justice and Constitutional Development Minister Thembi Simelane faces parliamentary scrutiny over her involvement with VBS Mutual Bank and Gundo Wealth Solutions, as she denies improper relationships and wrongdoing.
(The Post News)- Appearing before Parliament’s justice committee, Justice and Constitutional Development Minister Thembi Simelane confronted allegations of impropriety surrounding her R500,000 loan from Gundo Wealth Solutions, a company entangled in the VBS Mutual Bank scandal. Simelane’s testimony was a masterclass in defensive politics, as she navigated a complex web of questions and concerns from MPs.
“I did not have an improper relationship with the contractor appointed with the municipality,” Simelane emphasized, addressing the elephant in the room. “We must start with the appreciation that, as I’ve indicated, they are not a contractor, and I did not receive payment.”
Simelane’s central argument was one of transparency and accountability. “I have nothing to hide, that’s why I’m here,” she assured members, emphasizing her willingness to provide evidence and clarify any misconceptions. “But the sitting itself has its own position, and it’s not an inquiry. It’s a sitting of the committee getting an explanation from the minister, and that’s why I’m here.”
However, MPs remained skeptical, pressing Simelane for a written agreement to substantiate her claims. This request was met with a mixture of defiance and reassurance, as Simelane emphasized her commitment to transparency while also highlighting the limitations of the committee’s inquiry.
Simelane also denied any wrongdoing when taking up the loan, adding that the investment in VBS by Polokwane municipality while she was mayor was ultimately stopped and withdrawn two months before the National Treasury’s instruction. This revelation raised further questions about the Minister’s involvement with VBS and Gundo Wealth, sparking a heated debate about accountability and transparency.
As the hearing progressed, Simelane’s testimony became increasingly entangled in a complex dance of political maneuvering and reputational management. Her denial of improper relationships with VBS fixers and contractors was countered by MPs’ insinuations of impropriety, creating a toxic atmosphere of mistrust and suspicion.
Ultimately, Simelane’s appearance before the justice committee raised more questions than answers, leaving the public to ponder the true nature of her involvement with VBS and Gundo Wealth. As the VBS saga continues to unfold, Simelane’s testimony will remain a pivotal moment in the ongoing quest for accountability and transparency.
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