South African Minister of Justice Thembi Simelane has been embroiled in a political and financial scandal over a loan she received from Gundo Wealth Solutions, a company implicated in the illegal receipt of funds from VBS Bank. Simelane’s connection to VBS has also caused concern. Critics have questioned why she took such a highinterest loan from Gundo and not a conventional bank loan with lower interest rates. The situation highlights a lack of transparency and possible conflicts of interest in public finances.
