Maile sends stern message to officials implicated in VBS saga

A forensic report has revealed that the West Rand and Merafong Municipality have illegally invested R660 million with the bank.

ANC Gauteng head of elections Lebogang Maile at the party's pavilion launch at the Rand Easter Show on 19 April 2019. Picture: @LebogangMaile1/Twitter

JOHANNESBURG - Gauteng Human Settlements MEC Lebohang Maile wants officials implicated in the collapsed VBS Bank saga face the full might of the law.

A forensic report has revealed that the West Rand and Merafong Municipality have illegally invested R660 million with the bank.

The report by an audit firm has recommended that appropriate action be taken against those implicated.

Maile says he want explanation from the two municipalities.

“We want mayors to explain why they have not acted so that we can take the course of action.”