SACP national spokesman Alex Mashilo. File photo: ANA

Johannesburg - The South African Communist Party (SACP) on Monday said it was mulling legal action following claims that embattled VBS Mutual Bank had made contributions towards the hosting of the party's national congress.
On Sunday, City Press reported that a branch manager at the embattled bank was ordered to pay the SACP's R3 million bill for the use of Birchwood Hotel and OR Tambo Conference Centre in Boksburg for its 14th national congress
This reportedly in exchange for the party's silence on VBS bank's relationship with the Gupta family.
The publication further revealed that Vele Investments, the majority shareholder of the embattled bank, used one of its subsidiary companies to make the payment to conceal the link to the SACP payment.
SACP spokesperson Alex Mashilo in an interview with 702, denied any payment had been made by Vele Investments or VBS.

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