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Suspects in VBS Bank case to appear again in court in October

6 July 2020, 4:39 PM

The case of 8 suspects linked to the VBS Mutual bank saga will resume on October the eight this year in the Palm Ridge Specialised Commercial Crimes Court in Ekhuruleni, Gauteng.

Former VBS CFO plans to plead guilty: State

6 July 2020, 10:45 AM

The state says it is in negotiations with former VBS Financial Officer, Phillip Truter. The state says he plans to plead guilty and serve his sentence. Truter has been granted R50 000 bail.

Corruption Watch calls for intensified efforts to charge VBS looters

26 June 2020, 3:00 PM

Anti-graft organisation, Corruption Watch, is urging the Hawks and the National Prosecuting Authority to intensify efforts to charge all those implicated in the VBS Mutual Bank scandal.

NPA expects more VBS arrests as first municipal official is charged

25 June 2020, 4:00 PM

The National Prosecuting Authority (NPA) says it expects more municipal officials to be arrested as investigations continue into the VBS Mutual Bank looting scandal. The remark comes amid the charging of former Merafong Municipal CFO Thys Wienekus for alleged involvement in the embezzlement.

VBS

ANC vows not to side with party members implicated in VBS scandal

19 June 2020, 8:38 AM

The African National Congress (ANC) in Limpopo has made it clear that it will not side with the officials, current and former, who have been arrested for their alleged involvement in the VBS Mutual Bank scandal.

Court

NPA welcomes bail amount granted to VBS suspects

19 June 2020, 6:50 AM

The National Prosecuting Authority (NPA) has welcomed the bail amount granted to the accused in the VBS Mutual Bank case. Seven of the eight suspects appeared at the Palm Ridge Regional Court in Ekhurhuleni on Thursday.

Eight accused in VBS case granted bail

18 June 2020, 8:04 PM

The Palm Ridge Regional Court in Ekhuruleni has granted bail of R100 000 to each of the eight accused in the VBS Mutual Bank case.

Seven VBS suspects to appear in court

18 June 2020, 9:33 AM

Seven of the eight suspects arrested for their alleged involvement in the Venda Building Social (VBS) Mutual Bank scandal are expected to appear in the Palm Ridge Regional Court in Gauteng on Thursday morning.

National Director of Public Prosecutions, investors welcome VBS arrests

17 June 2020, 3:50 PM

The National Director of Public Prosecutions Advocate Shamila Batohi, has welcomed the arrest of seven of eight suspects in connection with the looting at the Venda Building Society Mutual Bank (known as VBS) between 2015 and 2018.

Hawks arrest top VBS officials, KPMG auditor

17 June 2020, 12:55 PM

Several top VBS Mutual Bank insiders, including board members and the chief KPMG auditor for the bank, have been arrested.

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