Msiza, a long-standing ANC member and prominent community leader, is actively campaigning for the party for the upcoming 2024 general elections.
In addition to his role in the ANC, he is a successful entrepreneur with a diverse range of business interests, leading to extensive connections in the corporate world.
Msiza's role was allegedly to use his political influence as ANC Provincial Treasurer to encourage municipal officials to approve these deposits.
[5][6] In addition, the National Prosecuting Authority later alleged that Msiza had played a central role in directing agents to channel their commissions to various third parties, and that he had himself received kickbacks.
[4] After The Great Bank Heist was published, initiating a major public controversy, the ANC's internal Integrity Commission recommended that Msiza and Florence Radzilani, who was also implicated, should "step aside" from their party positions until their names had been cleared.
[9] In July 2020, the ANC's National Executive Committee recommended that Msiza and Radzilani should be reinstated in their party positions unless and until they faced criminal charges in connection with the VBS saga.
[18] However, in August 2021, the ANC National Executive Committee unambiguously ordered the provincial party to implement the step-aside rule against Msiza, which entailed suspending him if he did not step aside voluntarily.
[16] However, in May 2022, the Provincial Executive Committee announced that the step-aside rule barred Msiza from contesting in party elections until his name was cleared.