AG Reports R1.6 Billion Loss in Municipal Funds Linked to Defunct VBS Bank Investments
The Auditor General (AG) has reported that municipalities lost R1.6 billion after investing in the now-defunct Venda Building Society (VBS)…
Tag: VBS
Julius Malema Refutes Renewed VBS Bank Allegations, Claims Political Targeting
Julius Malema, the leader of the Economic Freedom Fighters (EFF), claims that attempts are being made to discredit him and…
AfriForum Wants EFF’s Malema To Be Investigated For VBS Bank Claims
Lobby organization AfriForum has announced plans to file a criminal complaint against Julius Malema, the leader of the Economic Freedom…
Dali Mpofu Reacts to VBS Allegations: No Wrongdoing by EFF Leadership, Asserts Former Chair
Former Economic Freedom Fighters (EFF) national chairperson, Dali Mpofu, responded to allegations linking EFF leaders to VBS Mutual Bank, asserting…
VBS Scandal Update: Former CFO Philip Truter Released on Parole
Three years after admitting guilt in the VBS scandal, Philip Truter, former CFO of the embattled bank, has been granted…
Limpopo ActionSA Asks Police To Probe EFF’s Malema & Shivambu Over VBS Claims
ActionSA in Limpopo has requested a police investigation into Julius Malema and Floyd Shivambu of the Economic Freedom Fighters (EFF),…
NPA ‘Considering Legal Options’ After Affidavit Related To VBS Case Leaked
The National Prosecuting Authority (NPA) has directed the director of public prosecutions in Pretoria to collaborate with the Hawks to…