Former uMkhonto weSizwe (MK) Party secretary-general, Floyd Shivambu, dropped a few bombshells during his press briefing in Gauteng on Thursday, where he announced plans to launch a new political party. Among some wild claims, Shivambu alluded to some in leadership who were linked to corruption, others fighting among themselves, and even someone sniffing drugs.

Shivambu revealed allegations of fund embezzlement and political sabotage to reporters on Thursday at the Mhulu Boutique Hotel, indicating a significant shift in his political career. Shivambu added that he was the target because he tried to stop the alleged siphoning of R7 million per month from the party's funds. Zuma is surrounded by political scoundrels who exploit his kindness and gullibility,” Shivambu said. “In order to deceive him and justify their theft, they fabricate false intelligence reports. This season, they’ve been withdrawing at least R7 million monthly from our coffers.�

�� He further alleged that these illicit activities were known internally and that party members had urged the perpetrators to cease their actions, fearing the party’s de-registration. While he did not specify names, these remarks highlighted the internal tensions and moral concerns he claims are plaguing the organisation. Throughout his address, Shivambu vehemently denied any misuse of party funds during his tenure. I have never made use of party resources for my own travel or financial gain. All discussions around forming a new political entity are open and inclusive,” he insisted. Shivambu called the Economic Freedom Fighters (EFF), his former party, a "cult" with no political integrity or ideology. He said no self-respecting person would join it. I agree that the EFF is a religion.

Shivambu’s revelations come at a volatile time in South Africa’s political sphere, where allegations of corruption and factionalism have become commonplace. The last straw was that he was not resigning from the MKP because it aligns with his political beliefs but he would open space for a new political party. IOL has reached out to the MKP for comment.