For many years, VBS was a distinctly modest entity - a mutual bank, largely owned by its depositors ... KPMG and Bell Pottinger. In this case, KPMG has once again hit the headlines after their ...

The VBS Mutual Bank liquidation team has so far recovered about 25.6% of depositors and municipalities’ lost money since the bank was stolen into insolvency by its managers, auditors ...

The defunct VBS Mutual Bank's shareholders have called for everyone ... provided insights into the criminal justice system and high-profile cases in South Africa at Daily Sun.

In 2018, the party laid charges against 53 individuals implicated in the looting of VBS Mutual Bank. Despite these efforts, the case has been delayed. The pre-trial is currently under way at the ...

The bank's owners were accused of bribing local ... Although numerous people had been arrested in the VBS case over the years, only Matodzi and former VBS chief financial officer Phillip Truter ...

READ: VBS BANK HEIST | SIGNIFICANCE OF LEAKED AFFIDAVIT ... “We believe that there’s enough indications to make a prima facie ...

A former Fetakgomo-Tubatse Local Municipality manager who invested R230m into VBS Mutual Bank, has been given a ... for his arrest has been issued. The case was remanded to 18 November 2024 ...

Phillip Truter, the former chief financial officer of the defunct mutual bank who pleaded guilty to fraud and other charges, will work with authorities on how the alleged heist took place ...

A subsequent investigation done on behalf of the SA Reserve Bank’s (Sarb ... Read: Mayor, former municipal manager granted bail in VBS case The first liquidation dividend – seven cents ...

Over the year, the bureau arrested 41 persons in connection with 31 cases. These cases included 17 trap operations, 10 reported on the anti-corruption helpline, and several others following ...