VBS Mutual Bank
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South Africa News
Limpopo ANC to refer officials implicated in VBS scandal to integrity commission
Following an instruction from the African National Congress (ANC)’s national working committee to conclude pending issues around collapsed VBS Mutual…
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South Africa News
R61 million sequestration order granted against VBS fixer
Former ANC Youth League leader accused of being the middleman in the looting of the now defunct VBS Mutual Bank…
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South Africa News
Prasa: Martha Ngoye’s disciplinary hearing won’t be conducted in the media
The Passenger Rail Agency of South Africa (Prasa) said that it would not be conducting the disciplinary hearing of suspended…
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South Africa News
Prasa whistleblower Martha Ngoye: I feel betrayed by country
The whistleblower responsible for exposing the vast corruption at the Passenger Rail Agency of South Africa (Prasa), Martha Ngoye, said…
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South Africa News
Jacob Zuma Foundation to study ruling on R6.5 million VBS Mutual Bank loan
The Jacob Zuma Foundation said that it would study a judgment by the High Court in Pietermaritzburg, which has ruled…
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South Africa News
Ex-Mahikeng municipal manager charged over VBS investment to make representation to the State
Former municipal manager of Mahikeng Local Municipality in North West, Thabo Mokoena, facing charges related to the VBS Mutual Bank…
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South Africa News
Limpopo ANC leader Msiza nomination nullified due to step-aside rule
Influential Limpopo ANC leader Danny Msiza’s nomination from delegates at the provincial conference has been nullified as he is currently…
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South Africa News
Limpopo ANC PEC denies Waterberg request for regional conference
An evening provincial executive committee meeting has dashed the hopes of those in support of Soviet Lekganyane to use Waterberg…
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South Africa News
Ex-Collins Chabane Municipality CFO arrested in VBS scandal
The former chief financial officer at Collins Chabane Municipality has been arrested. The suspect is facing charges for his alleged…
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South Africa News
Busisiwe Mkhwebane implores Limpopo municipalities to implement Motau VBS Bank report
Public Protector Busisiwe Mkhwebane on Thursday implored Limpopo municipalities to implement recommendations of reports on the now-defunct VBS Mutual Bank.…
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South Africa News
Busisiwe Mkhwebane orders Limpopo leaders to implement VBS remedial actions
Public Protector Busisiwe Mkhwebane has ordered Limpopo Premier Stan Mathabatha and his cooperative governance, human settlement, and traditional affairs MEC…
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South Africa News
ANC’s Maphefo Letsie and Boyce Maneli cleared of any wrongdoing in VBS bank saga
The African National Congress (ANC)’s national dispute resolution committee (NDRC) has set aside the Gauteng party’s decision for Merafong Mayor…
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South Africa News
Limpopo municipality receives R22 million from VBS Bank liquidators
A district municipality in Limpopo, ravaged by poverty, has received a token payment of R22 million from the VBS Mutual…
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South Africa News
Mahikeng municipal manager accused of taking 2 cars & house in VBS scandal appears in court
Former Mahikeng local municipality municipal manager Thabo Isaac Mokoena appeared in the Molopo Magistrate’s Court on Tuesday. According to Henry…
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South Africa News
Ex-Mahikeng municipal manager in court for VBS investment
Former municipal manager of Mahikeng local municipality, Thabo Mokoena, arrested on charges related to the VBS Mutual bank scandal, appeared…
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South Africa News
Limpopo ANC bigwig wants separate trial as VBS fraud case postponed
The case against 14 suspects accused of corruption in connection with the collapse of VBS Mutual Bank has been postponed…
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South Africa News
VBS pre-trial hearing postponed
The pre-trial hearing of the VBS Mutual Bank case has been provisionally postponed to January next year because the defence…
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South Africa News
VBS looting suspect granted bail
A 59-year-old former official in Mahikeng Local Municipality has been granted R50,000 bail. This is in connection to charges relating…
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Business and Technology
More VBS Mutual Bank suspects to face the music
THE Hawks’ Serious Corruption Investigation Team on Tuesday arrested a 59-year-old suspect in Klerksdorp in connection with corruption relating to…
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South Africa News
Another VBS looting suspect arrested
The Hawks have made yet another arrest related to VBS Mutual Bank looting. A 59-year-old suspect has been arrested in…
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