Tag Archives: VBS

[ad_1] The main witness of the current VBS Mutual Bank saga claims that his evidence is out of order after the investigators allegedly betrayed his trust in the exhibitor as the primary …

[ad_1] One of the senior executives of VBS Mutual Bank accused of looting the institution of more than 1.5 billion rand maintained his innocence, the case to be heard in front the …

[ad_1] The Federation of South African Trade Unions (Fedusa) has requested that two former directors of the Public Investment Corporation (CIP) involved in the allegations of VBS Mutual Bank be declared delinquent. …

[ad_1] The Public Investment Corporation (PIC) will appoint forensic investigators to review all transactions related to its VBS Mutual Bank investment, with two former PIC executives involved in "serious allegations of irregularities". …

[ad_1] The situation in the Nedbank branches in Thohoyandou and Makhado in Limpopo stabilized on Friday at 10:30 am as depositors of VBS Mutual Bank rushed to open accounts in order to …

[ad_1] VBS Bank was placed under guardianship at the beginning of the year, as a result of allegations of mismanagement and fraud. The leaders of the bank have looted more than 1.5 …

[ad_1] Johannesburg – The State has filed an 87-page High Court offer to attack the personal property of the leaders accused of plundering VBS Mutual Bank of more than 1.5 billion rand …

[ad_1] Clients of VBS Mutual Bank in difficulty will now be able to access their funds after the intervention of the Treasury. VBS was placed under guardianship in March after facing liquidity …

[ad_1] It is estimated that about 97% of the 22,700 retail depositors will receive all of their money VBS Mutual Bank On March 11, 2018, the Minister of Finance, on the recommendation …