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AFU will deal with reclaiming of assets in VBS matter – NPA
The NPA welcomed the Palm Ridge Regional Court’s decision to slap seven of the eight accused persons with R100,000 bail each on Thursday.
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GALLERY: Here are the 7 suspects nabbed for VBS heist
Here are the men who appeared in the Palm Ridge Regional Court on 18 June and the amounts they are said to have pocketed in the multibillion-rand VBS heist.
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7 VBS accused granted R100k bail each
In his bail application, former VBS bank chairperson and alleged mastermind, Tshifhiwa Matodzi, said he was unemployed and had no assets.
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Alleged VBS heist kingpin Tshifhiwa Matodzi vows to prove his innocence
Matodzi is accused number one out of seven suspects appearing in the Palm Ridge Regional Court on Thursday in connection with the VBS scandal.
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At least one accused in VBS matter wants R100,000 bail reduced
Seven of the eight suspects arrested for their role in the multi-billion rand bank heist are now appearing in court after they were handcuffed for their role in the fraud scheme.
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VBS clients pin hopes on prosecutors to recoup lost money
At least eight high profile people are due to be charged with racketeering, fraud and theft when some of them appear in court on Thursday morning.
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VBS Mutual Bank liquidator expects more arrests
On Wednesday, eight people linked to the collapse of the bank were taken into custody by the Hawks.
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Sarb welcomes prosecution of high profile suspects accused of defrauding VBS
The central bank raised the alarm when VBS Mutual Bank couldn’t meet its obligations, leading to the two-year criminal investigations by the Hawks.
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From bank heist to arrests: A timeline of the VBS scandal
Almost R2 billion simply disappeared and many were left destitute, but how did it all fall apart? Here's a few key developments around the fall of the Venda Building Society Mutual Bank.
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Hawks confirm 7 suspects to appear in court over VBS heist
Hawks head Lieutenant-General Godfrey Lebeya and NPA head Shamila Batohi briefed the media on the progress made in the VBS Mutual Bank heist matter on Wednesday.
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Hawks, NPA move to make high-profile arrests in VBS heist case - report
Included in those expected to be arrested is former VBS and Vele Investments chairperson Tshifhiwa Matodzi, the alleged kingpin behind the heist.
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EFF explains where it got R32m for elective conference and it's 'not VBS'
The party’s treasurer-general, Leigh-Ann Mathys, told reporters that the organisation had no external funders.
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Sarb denies being uncooperative in Mkhwebane's VBS saga probe
The Public Protector released findings into 24 cases on Thursday, but steered clear of some of the much-anticipated prominent cases.
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Mkhwebane holds off releasing reports into IPPs, Eskom & VBS
The Public Protector used her last briefing for the year on Thursday to deliver the findings of 24 cases.
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Victims of VBS bank looting urged to pursue civil action
Limpopo had the highest number of municipalities that illegally invested with the now-defunct bank, losing R1.2 billion.
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Parly committee: Limpopo officials suspended over VBS looting still being paid
Committee chairperson Faith Muthambi said municipalities in Limpopo continued to lose money due to the lengthy suspensions of municipal officials who were involved in decisions to invest in VBS Bank.
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New allegations emerge linking Julius Malema's cousin to VBS
An investigation of fraud at VBS Mutual Bank allegedly revealed a slush fund used to channel money from the bank. The company account used belongs to EFF leader Julius Malema's cousin.
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Parliamentary committee heading to Limpopo after VBS scandal
Committee members will meet with municipal officials over the next several days to check on how service delivery’s been impacted.
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VBS returns to haunt Malema through report linking his cousin to alleged fraud
The Sunday Times is reporting that an investigation of the fraud at VBS Mutual Bank led to the discovery of an alleged fraudulent bond application in the name of one of Julius Malema’s relatives.
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VBS warns that Zuma’s loan default puts him at risk of losing Nkandla home
The bank has warned in court papers that if Zuma failed to settle accumulated arrears amounting to R500,500.00 it will have to attach his Nkandla home which was used as security for the loan.
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Malema on aggravated assault charges, VBS money and wearing Louis Vuitton
Speaking to journalists at the Hawks head office in Pretoria, EFF leader Julius Malema responded to questions about an assault charge he is facing alongside EFF spokesperson Mbuyiseni Ndlozi. Malema also denied the latest allegations that suggest he spent money from the now defunct VBS bank.
