Former VBS Mutual Bank CFO, Philip Truter has been granted bail of R50,000 and intends to plead guilty. Truter appeared in the Specialised Commercial Crimes Court in Palm Ridge on Monday.
He’s the 8th suspect arrested in connection with the VBS bank heist. The seven other suspects were granted bail of R100,000 each.
Over R2-billion went missing from VBS Mutual Bank.
In other news – Scared actress Rosie Motene runs away from hotel leaving s.e.x starved filmmaker, Khalo alone in bed
Veteran actress and activist Rosie Motene’s quest for justice has ended abruptly. This after the case she opened against film guru, Khalo Matebane, for alleged s.e.xual harassment was withdrawn. Read more