Vbs mutual bank
Brian Shivambu to pay back R4.5m received from looting of VBS - report
An acknowledgement of debt contract seen by the 'Daily Maverick' revealed that the Brian Shivambu, the brother of EFF deputy president Floyd, signed the...
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Two municipal officials amongst 17 charged in VBS fraud, theft & corruption case
Collins Chabane municipal manager Tsakane Ngobeni joins Mathys Wienekus as one of the municipal officials who deposited money with VBS, against public finance provisions.
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VBS Mutual Bank theft, fraud and corruption case ready to go to trial - NPA
Eight more people were granted bail ranging from R50,000 to R100,000 by the Palm Ridge Regional Court on Friday.
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7 new accused in VBS Mutual Bank theft, fraud & corruption case granted bail
They face charges of corruption, fraud, theft and money laundering.
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7 suspects charged with collapsing VBS Mutual Bank set to return to court today
They face 47 charges of theft, fraud, money laundering and racketeering but the State wanted the matter postponed last year so that more charges could be added.
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Case against 7 suspects in VBS collapse postponed to January
The accused made a brief appearance in the Palm Ridge Magistrates Court on Thursday.
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7 VBS Bank collapse suspects due in court today
They were released on R100,000 bail each when they first appeared three months ago.
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Convicted VBS looter Truter set to tell court details of 'Great Bank Heist'
Phillip Truter has been sentenced to 10 years in prison with three years suspended after he pleaded guilty to fraud, money launder and racketeering.
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First VBS conviction as ex CFO Truter gets 7 years for fraud, corruption
Phillip Truter was arrested in June along with seven other accused, who are implicated in advocate Terry Motau's Great Bank Heist report that showed almost R2 billion was stolen from the bank.
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Sarb to announce grounds to appeal VBS report judgment against it & Motau
On Tuesday, Motau and Sarb were dealt a blow when the Pretoria High Court reviewed and set aside parts of the report.
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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.
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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.
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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.
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Court rules VBS report findings against ANC's Daniel Msiza unconstitutional
The court has declared that the findings made by Motau against Msiza were prejudicial and unconstitutional.
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ANC: Boyce Maneli, Maphefo Letsie must step down over VBS scandal
ANC Gauteng secretary-general Jacob Khawe made the announcement on Sunday.
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Sarb emphasises to VBS shareholders that bank will definitely be liquidated
The SA Reserve Bank (Sarb) said that Friday's meeting discussed and agreed that there was a need for regular feedback to VBS Mutual Bank depositors and other affected parties about the liquidation process.
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SARB welcomes applications for new mutual banking licence
The Bank said it received several letters from people interested in reviving the scandal-hit VBS Mutual Bank.
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SARB: Several parties have shown interest in reviving VBS Bank
An estimated R2.7 billion went missing from VBS Bank through grand-scale looting that led to its collapse.
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Limpopo ANCVL: NEC must reconsider reinstating VBS-implicated Radzilani, Msiza
The pair are implicated in the VBS Mutual Bank scandal, but the NEC said they haven’t been charged in two years and should be presumed innocent until found guilty by a court of law.
