14 October 2018

South Africa: DA MP Apologises to Malema for Tweet Alleging He Partly Owned Firm Linked to Troubled Vbs

Photo: allafrica.com
Top: VBS Mutual Bank logo. Bottom-left: President Cyril Ramaphosa. Bottom-right: DA leader Mmusi Maimane.

DA MP Ghaleb Cachalia has apologised to EFF leader Julius Malema for his tweet claiming Malema owned 47% of Dyambeu Investments, which is linked to VBS Mutual Bank.

The EFF said in a statement on Sunday that Cachalia withdrew his allegations "which were posted as fact" upon a letter threatening to take legal action against his "defamatory, false and deceptive allegations".

"This is proof of a well-orchestrated propaganda campaign to discredit and tarnish the good and reputable name of the EFF," the party said.

In a letter dated October 13, which the EFF tweeted, Cachalia admitted that he was unable to verify the allegations that Malema owned 47% of Dyambeu Investments.

Cachalia said in the letter to Malema and the EFF's lawyers (KMNS INC) that he deleted the tweet that he posted on October 12 immediately upon realising that he was unable to verify the information.

"I apologise unreservedly for any inconvenience the tweet may have caused your client. I have also tweeted a retraction ... which reads: "After reviewing the sources to my information leading me to tweet regarding Mr Malema on 12 October 2018, I am unable to verify my allegation that Mr Malema owns 47% of shares in Dyambeu investments. Accordingly, I immediately removed the tweet alleging shareholding, and unreservedly apologise for any inconvenience this may have caused any party so implicated."

The EFF said they were not only unshaken but remained focused and strong "in the face of all these weapons of mass deception".

Source: <b>News24</b>

More on This

VBS, Jacob Zuma and the 'Sham' Nkandla Bond He Couldn't Afford

ridden VBS Mutual Bank gifted former president Jacob Zuma an R8.5m bond which he could not afford, and at least nine… Read more »

See What Everyone is Watching

Copyright © 2018 News24Wire. All rights reserved. Distributed by AllAfrica Global Media (allAfrica.com). To contact the copyright holder directly for corrections — or for permission to republish or make other authorized use of this material, click here.