Corruption at vbs mutual bank
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.
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VBS Bank scandal: ANC ward councillor gunned down in Limpopo
It’s understood Thabang Maupa was in his car with his wife outside their liquor store on Monday night when they were accosted by an unknown man and shot.
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SABC: We won’t tolerate interference in editorial decisions
On Saturday, the public broadcaster announced its probing possible breaches in its editorial code at its Polokwane newsroom over the coverage of the VBS Mutual Bank debacle.
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VBS Bank saga: Limpopo mayors asked if they are right people for their jobs
Limpopo government spokesperson Phuti Seloba says officials who signed off investments with VBS have no space in government.
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Vhavenda king says he has asked Sarb governor not to close VBS Bank
Vhavenda King Toni Ramabulana is among several politicians, bank executives and others implicated in The Great Bank Heist report which details how more than R1.8 billion was brazenly stolen.
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Vhavenda king: I will return VBS money if illegality proven
Vhavenda King Toni Ramabulana was named in the South African Reserve Bank report titled The Great Bank Heist as having received over R17 million in gratuitous payments from the Limpopo-based bank.
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Those responsible for fraudulent VBS deposits ‘will be held accountable’
Fourteen municipalities in the provinces invested R1.6 billion with the VBS Mutual Bank against the advice of Treasury.
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Limpopo ANC cagey on action against party leaders implicated in VBS saga
The ANC’s Donald Selamolela won’t say if they will push for these leaders to be held accountable.
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Reserve Bank to hold briefing on VBS Bank today
VBS Mutual Bank has come under scrutiny after it was revealed that it was looted for over R1.5 billion by its own management.
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Malema calls for those in VBS bank scandal to be blacklisted
Julius Malema says those responsible for the current state of the bank must be held to account.
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Holomisa calls for Hawks probe into corruption at VBS Mutual Bank
It’s been reported that funds were wasted due to money allegedly given to Vhavenda King Toni Mphephu Ramabulana and other executives in support of their extravagant living.
