Julius Malema recently accused Dr. Naledi Pandor of being involved in the VBS Mutual Bank scandal by alleging that she received a bond from the now-defunct bank. Malema made these claims during an interview, where he suggested that several ANC leaders, including Pandor, had benefited from VBS, though he didn't provide detailed evidence to support his assertion. Pandor has categorically denied the allegation, calling it baseless.

She has demanded that Malema either present concrete evidence or issue a public apology for what she describes as an attempt to damage her reputation. Pandor expressed disappointment in Malema's claims and emphasized that she never received any bond from VBS. She further criticized him for engaging in dishonest tactics to tarnish her name. So far, Malema has not provided any evidence to substantiate his accusations.