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N West mayors involved in VBS Bank saga face criminal charges

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North West Premier Job Mokgoro says four dismissed mayors of municipalities that invested with VBS Bank will face criminal charges. Other implicated senior municipal officials will also be charged.

Four municipalities invested a combined R314 million.

The affected municipalities are Mahikeng, Dr Ruth Segomotsi Mompati District in Vryburg, Madibeng in Brits, and Moretele near Hammaskraal.

“We initiated a forensic investigation and on the basis of the outcome, we have given various directives. In Madibeng and Mahikeng, we have taken action. The municipal managers there have been suspended,” says Premier Mokgoro.

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