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VBS Mutual Bank.

SARB appoints forensic investigator for VBS Mutual Bank

13 April 2018, 5:04 PM

The South African Reserve Bank has appointed a forensic investigator to probe VBS Mutual Bank’s affairs as well as the bank’s possible fraudulent activities.

Limpopo ANC welcomes ruling clearing Msiza on some VBS allegations

11 August 2020, 9:45 PM

The Limpopo ANC Provincial Executive Committee has welcomed the decision of the High Court in Pretoria, which has cleared treasurer Danny Msiza on some of the allegations in the looting and collapse of the defunct VBS Mutual Bank.

Findings implicating ANC’s Danny Msiza in VBS theft set aside

11 August 2020, 2:45 PM

Limpopo’s ANC Treasurer Danny Msiza has been cleared of any wrongdoing in the VBS looting and collapse. The High Court in Pretoria set aside the adverse findings and remarks against Msiza, which are contained in the Reserve Bank’s report, “The Great Bank Heist” on Tuesday.

Gauteng ANC explain reasons for firing those involved with VBS scandal

11 August 2020, 10:46 AM

Gauteng ANC has sought to explain their reasons for firing the Merafong Municipal mayor, Maphefo Letsie, and MP Boyce Maneli.

ANC fires Merafong Mayor over VBS corruption

9 August 2020, 2:30 PM

The African National Congress in Gauteng has fired Merafong Municipal Executive Mayor, Maphefo Letsie and recalled Boysie Maneli from Parliament.

Sanco in Limpopo demands resignation of municipal councillors involved in VBS scandal

21 July 2020, 7:41 PM

The civic organisation, SANCO, in Limpopo, is demanding the resignation of the municipal councillors involved in the VBS scandal. The orgnization argues that the councillors are not fit to handle funds meant for service delivery.

Limpopo ANC veterans want reinstatement of VBS implicated officials reviewed

9 July 2020, 6:45 PM

The African National Congress (ANC) Veterans League in Limpopo has criticised the ANC National Executive Council’s decision to reinstate the two senior officials who had been suspended for their alleged involvement in the looting and collapse of the now-defunct VBS Mutual Bank.

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.

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