Former Public Investment Corporation (PIC) officials Ernest Nesane and Paul Magula were bribed to “look away and not raise issues” while VBS Mutual Bank was being robbed into insolvency and the PIC ...
A year into the closing and liquidation process of VBS Mutual Bank, liquidator Anoosh Rooplal is the only authority actually showing any results. Five of the robbers-in-chief — all VBS bank managers — ...
A hundred-million rand owed to truck drivers seems to have disappeared into the hands of officials at VBS Mutual Bank. The money allegedly went to executives and the bank’s chairperson Tshifhiwa ...