ANC members in Limpopo implicated in the VBS saga have not been included the party lists for the provincial and national elections. The ANC in Limpopo held its lists conference in Polokwane on Saturday.
African National Congress (ANC’s) Provincial Task Team in the North West has decided to recall, with immediate effect, six of its mayors in the province, including four who invested money from their municipalities in the collapsed VBS Mutual Bank.
VBS minority shareholders have appointed a legal team to challenge the ruling of the Pretoria High Court granting the South African Reserve Bank (SARB) a final order to liquidate VBS.
Cosatu has marched to the office of the premier in Polokwane to demand action against people involved in the VBS downfall.
The Chairperson of Parliament’s Standing Committee on Finance Yunus Carrim has reiterated that he does not know of any money from VBS Mutual Bank which was allegedly given to the South African Communist Party.