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.
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.
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.
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.
Andile Ramavhunga and Tshifhiwa Ramatodzi failed to appear at the disciplinary hearings on Friday morning at the South African Institute of Chartered Accountants.
Andile Ramavhunga and Tshifhiwa Matodzi are the first accountants set to answer to Saica since the VBS Mutual Bank scandal broke.
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.
The report, titled 'The Great Bank Heist', implicates 53 individuals and companies, including ANC Limpopo Treasurer Danny Msiza, of stealing almost R2 billion.
Msiza is among the 53 individuals and companies accused of stealing over R2 billion from the bank.
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.
Advocate Terry Motau compiled the report titled 'The Great Bank Heist' which details how R1.8 billion was brazenly stolen from the mutual bank.
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.
