14 people accused of VBS mutual bank corruption are expected in court on Monday. Pre-trial proceedings are set to begin at the High Court in Pretoria. Two of the accused are top ANC officials from Limpopo, while six were the bank’s managers.
They all face 188 counts of theft, fraud and racketeering among other charges. The bank’s former CFO, Phillip Truter, pleaded guilty to the charges last year.
He was sentenced to an effective seven years in prison. Over R2-billion was siphoned out of the bank.
In other news – 5 shocking accusations made by Mohale against Somizi
Mohale and Somizi are the talk of the town for days after Mohale came out to lay some allegations against the media personality.
The two were once a couple for quite some time but things got really complicated and they went seperate ways. Few days back, Mohale laid some shocking allegation against his estranged husband. Learn more
Source: eNCA
