ANC Limpopo treasurer challenges VBS report

JOHANNESBURG - ANC Limpopo Treasurer Danny Msiza is challenging the VBS Mutual Bank looting report.

Msiza wants the document reviewed and set aside by the High Court.

The report alleges that he was one of the kingpins who convinced municipalities to invest in the bank.

Msiza says the report taints his reputation and dignity.  

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The investments were found to be unlawful and municipalities lost R1.5-billion collectively. 

Others implicated include EFF Deputy President, Floyd Shivambu's brother, Brian.

Limpopo ANC Deputy Chairperson, Florence Radzilani, has also been fingered in the South African Reserve Bank report.

VBS was looted of nearly R2-billion