VBS Case Postponed To Add More Charges
Seven people arrested in connection with the VBS mutual bank heist appeared at the Palm Ridge magistrate’s court on Thursday. The suspects are former board… Read More »VBS Case Postponed To Add More Charges
VBS Mutual Bank
Former VBS CFO Sentenced To 7 Years In Prison For Fraud
Former VBS bank chief financial officer Phillip Truter has been sentenced to an ‘effective’ 7 years in prison after pleading guilty to fraud, corruption, money… Read More »Former VBS CFO Sentenced To 7 Years In Prison For Fraud
Ex-VBS CFO Philip Truter To Plead Guilty In VBS Scandal, Assist In Investigations
The State said that former VBS Mutual Bank CFO Philip Truter would plead guilty and assist with investigations into the looting of the bank. Truter… Read More »Ex-VBS CFO Philip Truter To Plead Guilty In VBS Scandal, Assist In Investigations
Eighth VBS Mutual Bank Heist Suspect Due In Court Today
The eighth suspect linked to the VBS Mutual Bank heist is expected to appear at the Palm Ridge Commercial Crimes Court on Monday. He was… Read More »Eighth VBS Mutual Bank Heist Suspect Due In Court Today
SAMWU Critical Of ANC’s Handling Of Members Implicated In VBS Scandal
The South African Municipal Workers’ Union (Samwu) said that the African National Congress (ANC) national executive committee could not distance itself from delays in prosecuting… Read More »SAMWU Critical Of ANC’s Handling Of Members Implicated In VBS Scandal
SACP: ANC Risks Alienating Its Constituency If It Reinstates VBS Accused
JOHANNESBURG – The South African Communist Party (SACP) has warned the African National Congress (ANC) that it risked alienating its constituency if it went ahead… Read More »SACP: ANC Risks Alienating Its Constituency If It Reinstates VBS Accused
ANC NEC: Limpopo Officials Implicated In VBS Saga Innocent Until Proven Guilty
The African National Congress (ANC) on Wednesday said its decision to reinstate two Limpopo officials implicated in the VBS Mutual Bank scandal was a collective national executive… Read More »ANC NEC: Limpopo Officials Implicated In VBS Saga Innocent Until Proven Guilty
Malema Maintains Innocence Regarding VBS Looting
Economic Freedom Fighters (EFF) leader Julius Malema on Thursday maintained his innocence, insisting that neither he nor his party benefitted from the looting of the now-defunct… Read More »Malema Maintains Innocence Regarding VBS Looting
Only Two Of Seven VBS Accused Paid R100,000 Bail – NPA
The National Prosecuting Authority (NPA) said that only two of the seven VBS Mutual Bank accused paid the R100,000 bail set by the Palm Ridge… Read More »Only Two Of Seven VBS Accused Paid R100,000 Bail – NPA
All VBS Accused Claim ‘Not Guilty’; NPA Ready To Go To Trial
The National Prosecuting Authority (NPA) on Thursday said it was not surprising that seven of the eight VBS accused who appeared in court claimed that they were not guilty.… Read More »All VBS Accused Claim ‘Not Guilty’; NPA Ready To Go To Trial