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Home » Posts Tagged "VBS" (Page 8)

Tag Archives: VBS

S Africa should seek damages from KPMG over bank graft: central bank probe

10 October 2018, 9:22 PM

South Africa should seek damages from global auditor KPMG for the role it played in a corruption scandal that saw at least 1.9 billion rand ($130 million) stolen from local bank VBS, a central bank investigation published on Wednesday said.

Municipalities battle to provide services after VBS scandal

10 September 2018, 2:56 PM

Limpopo municipalities that invested with the troubled Venda Building Society Mutual Bank or VBS are battling to provide services to communities.

Municipalities implicated in VBS corruption face probe

20 August 2018, 10:51 AM

Limpopo’s Treasury Department has appointed a forensic team to investigate alleged irregularities against ten municipalities that invested with the troubled VBS Mutual Bank.

Minister calls for strong action against CSOS officials over VBS saga

27 July 2018, 6:20 AM

Human Settlements Minister Nomaindia Mfeketo, wants actions taken against the officials at a subsidiary of her department – the Community Schemes Ombud Service (CSOS) for investing millions of rand in the controversial VBS mutual bank.

PIC executive resigns after testifying in VBS investigation

13 July 2018, 7:38 PM

The Executive Head for Legal Counsel, Governance and Compliance at the Public Investment Corporation (PIC), Ernest Nesane, has resigned.

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