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FILE: ANC treasurer in Limpopo Danny Msiza, businessman and former ANC Youth League member Kabelo Matsepe and five others appeared in the Palm Ridge Magistrates Court on 12 March 2021 for their alleged role in the looting of VBS funds. Picture: Boikhutso Ntsoko/Eyewitness News.

Advocate terry motau

Trial date set for VBS Mutual Bank theft case

By Edwin Ntshidi

The case of 14 suspects was delayed due to a change of legal representatives by some of the accused.

  • FILE: VBS Mutual Bank in Thohoyandou. Picture: Sethembiso Zulu/EWN

    Reserve Bank to appeal court ruling setting aside parts of VBS report

    The High Court on Tuesday found that Advocate Terry Motau failed procedurally when he did not afford former ANC Limpopo treasurer Daniel Msiza an opportunity to tell his side of the story before releasing the report.

    642 days ago
  • FILE: ANC Limpopo treasurer Daniel Msiza. Picture: @ANCLimpopo/Twitter

    ANC’s Daniel Msiza feels vindicated by court ruling on VBS report – lawyer

    Msiza said he was happy the court sided with him in finding that Advocate Terry Motau had violated his rights with regards to his report on the collapse of VBS Mutual Bank.

    643 days ago
  • FILE: ANC Limpopo treasurer Danny Msiza. Picture: @ANCLimpopo/Twitter

    Motau failed to follow fair procedure with Msiza regarding VBS report - court

    Former ANC Limpopo treasurer Daniel Msiza took the Advocate Terry Motau's VBS Mutual Bank report on review after being accused of being the kingpin in the VBS bank scandal.

    643 days ago
  • FILE: Lindiwe Sisulu. Picture: @The_DHS/Twitter.

    Water dept’s Thami ka Plaatjie on suspension over alleged corruption

    The department on Wednesday said Thami ka Plaatjie and two former officials were being investigated after an audio discussing their plans to take the money for their personal enrichment surfaced.

    711 days ago
  • FILE: Brian Shivambu, the younger brother of Economic Freedom Fighters (EFF) Deputy President Floyd Shivambu. Picture: Supplied.

    Court orders Brian Shivambu to pay R1.8m to VBS liquidators

    The order forms part of a bid by Anoosh Rooplal - the liquidator of VBS Mutual Bank - who aims to recover R2.7 million that was part of a R4 million loan granted to Shivambu’s company, Sgameka Projects in 2017.

    990 days ago
  • VBS Mutual Bank in Thohoyandou. Picture: Sethembiso Zulu/EWN

    2 accountants involved in VBS Bank scandal a no-show for disciplinary hearing

    Andile Ramavhunga and Tshifhiwa Ramatodzi failed to appear at the disciplinary hearings on Friday morning at the South African Institute of Chartered Accountants.

    1284 days ago
  • VBS Mutual Bank in Thohoyandou. Picture: Sethembiso Zulu/EWN

    2 accountants implicated in VBS Bank looting to appear before Saica hearing

    Andile Ramavhunga and Tshifhiwa Matodzi are the first accountants set to answer to Saica since the VBS Mutual Bank scandal broke.

    1284 days ago
  • Advocate Terry Motau. Picture: www.group621.com

    Advocate Terry Motau unfazed by legal challenges to VBS Bank 'heist' report

    Motau says he has the legal maturity to defend his decision to name individuals in the report even though they were not given the opportunity to respond.

    1286 days ago
  • Advocate Terry Motau. Picture: www.group621.com

    Motau mum after deadline passes to apologise to ANC official over VBS report

    The report, titled 'The Great Bank Heist', implicates 53 individuals and companies, including ANC Limpopo Treasurer Danny Msiza, of stealing almost R2 billion.

    1308 days ago
  • The VBS Mutual Bank logo. Picture: vbsmutualbank.co.za

    ANC Limpopo official awaits apology, retraction over VBS looting claims

    Msiza is among the 53 individuals and companies accused of stealing over R2 billion from the bank.

    1309 days ago
  • VBS Mutual Bank logo. Image: Supplied

    ANC bosses to meet with Limpopo leadership over VBS Bank scandal

    Two senior office bearers in the province are named in a Reserve Bank report as having benefitted from the nearly R2 billion that was looted from the bank.

    1309 days ago
  • FILE: Picture: VBS Mutual Bank Facebook page

    Terry Motau may face legal backlash over VBS fraud report

    Advocate Terry Motau compiled the report titled 'The Great Bank Heist' which details how R1.8 billion was brazenly stolen from the mutual bank.

    1312 days ago
  • FILE: Picture: VBS Mutual Bank Facebook page

    Top ANC officials, royalty among those implicated in VBS Bank report

    Advocate Terry Motau revealed how the bank set up middlemen to pay bribes to government officials who were in a position to ensure deposits were made into the bank.

    1313 days ago
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