Court Orders VBS Mutual Bank Be Liquidated

PICTURE: News365

JOHANNESBURG: The North Gauteng High Court has granted an order to liquidate VBS Mutual Bank. This process entails the shutting down of the business so that its assets can be sold to pay its debts. The South […]

SACP Limpopo Leader Suspended Over VBS Scandal

SACP leader Blade Nzimande says the allegations are being peddled by the EFF. PICTURE: eNCA

JOHANNESBURG: The party says it felt his tainted image linked with the bank scandal would not do any good to the party. The suspension of SA Communist Party (SACP) provincial secretary in Limpopo Gilbert Kganyago […]

Mahumapelo ‘Vigorously Encouraged’ NW Municipalities To Invest With VBS – Report

PICTURE: News365

JOHANNESBURG: This is according to a forensic investigation report by auditors SekelaXabiso and two highly placed sources, the media report said. Former North West premier Supra Mahumapelo “vigorously encouraged” municipalities in that province to invest […]