VBS Bank
- South Africa News
The VBS case will haunt us for a very long time, says Phophi Ramathuba
As the scandal around the grand scale of looting around the now defunct VBS Mutual Bank in Limpopo continues to…
Read More » - South Africa News
Dondo Mogajane responds to Tshifhiwa Matodzi over allegations he took VBS money
Former Treasury Director-General, Dondo Mogajane, has fired back following allegations that he scored a R1 million bribe in the VBS…
Read More » - South Africa News
NPA threatens legal action after affidavit implicates Julius Malema & Floyd Shivambu in VBS Bank scandal
The National Prosecuting Authority (NPA) has slammed the leaking of an affidavit pertaining to the VBS case. In the affidavit,…
Read More » - South Africa News
Former VBS Bank board chair Tshifiwa Matodzi hit with jail time after plea agreement
Former VBS Bank board chair Tshifiwa Matodzi has pleaded guilty to 33 counts of corruption, theft, fraud, money laundering, and…
Read More » - South Africa News
Lawmakers find EFF’s Floyd Shivambu failed to disclose VBS bank payments
Parliament’s acting Registrar of Members’ Interests, advocate Anthea Gordon, revealed Economic Freedom Fighters (EFF) deputy president Floyd Shivambu failed to…
Read More » - South Africa News
2 new arrests in VBS scandal
Two more suspects have been arrested in connection with the VBS bank heist case. One of the suspects is a…
Read More » - South Africa News
3 new arrests in VBS scandal
The Hawks have cracked down on three more suspects related to the VBS bank heist case. They include a former…
Read More » - South Africa News
ANC & EFF welcome VBS arrests
The ANC and the EFF have welcomed the arrests of former VBS bank executives, who appeared in court on Thursday.…
Read More » - South Africa News
Alleged VBS Bank looters finally face court
The suspects are due to appear in the Palm Ridge Regional Court on Thursday on a raft of charges, including…
Read More » - South Africa News
VBS victims fear being killed
Community members scared of speaking out shun parliamentary committee on fact-finding mission Expectations that the Vhembe District municipal chamber in…
Read More » - South Africa News
Not a single criminal charge has yet been laid over the VBS scandal
Some of the managers are currently serving suspensions, but no criminal charges have been laid in spite of municipalities having…
Read More » - South Africa News
Rawula stands by EFF financial mismanagement claims
The war of words between former EFF MP Thembinkosi Rawula and the party is heating up. Rawula has repeated his…
Read More » - South Africa News
EFF deputy Shivambu approached ‘Stellenbosch mafia’ for funding
An explosive report in Daily Maverick, the latest looking at the involvement of Economic Freedom Fighters (EFF) leaders in the…
Read More » - South Africa News
ANC integrity commission wants members implicated in VBS scandal to step down
The ANC’s national integrity commission has recommended that members implicated in a report on the looting of VBS bank, be…
Read More » - South Africa News
President Ramaphosa may have been aware of VBS bank Scandal
President Cyril Ramaphosa failed the poor clients of VBS Mutual Bank by not speaking out against the looting at the…
Read More » - Business and Technology
Hundreds of VBS clients now have new Nedbank bank accounts
There has been no “stampede” of VBS customers trying to withdraw money, David Schwegmann, divisional executive for retail and business banking at…
Read More » - Business and Technology
RESERVE BANK TO ANNOUNCE WAY FORWARD FOR VBS BANK
The South African Reserve Bank is expected to announce more details on a way forward for VBS Mutual Bank next week after confirmation that…
Read More » - Business and Technology
Venda King Toni Mphephu Ramabulana going after VBS Mutual Bank
Venda King Toni Mphephu Ramabulana has accused senior executives of the troubled VBS Mutual Bank of leaving him with a…
Read More »