VBS scandal: DA challenges EFF's Shivambu to undergo lifestyle audit

2018-10-15 16:44

The DA is expected to request Parliament's Joint Committee on Ethics and Members' Interests to investigate EFF chief whip Floyd Shivambu for payments allegedly received from VBS Mutual Bank.

Maimane: Ramaphosa must come clean over claims he knew about VBS looting

2018-10-14 19:02

The DA says its lawyers are considering laying charges against President Cyril Ramaphosa following reports that he had prior knowledge of widespread looting at VBS Mutual Bank but allegedly failed to act.

Why SA needs pop-up courts - like we had in the World Cup - to deal with the corrupt

2018-10-12 10:30

It's time for World-Cup style courts to deal quickly with white collar crime

Ex-KPMG partner slams SARB's 'fatally tainted' VBS report, heads to court

2018-10-11 21:13

Former partner at KPMG Sipho Malaba is expected to launch a court challenge to have set aside the explosive forensic report into the collapse of VBS Mutual Bank, which implicates him in fraud.

Dali Mpofu on VBS: What, me worry?

2018-10-11 18:33

Dali Mpofu has refused to acknowledge to a reporter that the party needs to consider the links between one of its senior leaders and the looting at VBS.

ANC Limpopo to hold emergency meeting over VBS

2018-10-11 16:26

The ANC in Limpopo is expected to meet to discuss the final report of the investigation into R1.8bn fraud at VBS Mutual Bank.

Hawks, NPA teams already at work on VBS fraud investigation

2018-10-11 11:01

News24 understands that a team of five prosecutors has been assigned to the VBS matter to guide a massive team of at least 10 Hawks investigators through the investigation.

Explosive report into VBS Mutual Bank reveals large-scale 'looting'

2018-10-10 11:39

A final investigation report into large-scale fraud at VBS Mutual Bank has recommended that more than 50 individuals be criminally charged and held liable in civil proceedings following the bank’s implosion earlier this year.

Radio station’s DJs warned not to talk about VBS

2018-09-23 11:56

A concerned Phalaphala FM radio DJ says things are tense at the station after staff were allegedly barred from speaking about VBS Mutual Bank, Vhavenda King Toni Mphephu Ramabulana and the Vhembe District Municipality in Limpopo.

VBS crisis gives Nedbank a boost

2018-08-07 16:18

Nedbank assisted 17 000 former VBS clients after it was appointed to administer depositor funds of the ill-fated mutual bank.

 

VBS scandal: VhaVenda king at pains, decides to pay back money 'from tainted sources'

2018-10-15 15:33

Vhavenda King Toni Mphephu Ramabulana will pay back money he received from VBS Mutual Bank as "tainted gifts", says his spokesperson.

Video
WATCH: Lead investigator Terry Motau talks VBS and the squandered R1.8bn

Advocate Terry Motau's report sets out in detail how the collapse of VBS Mutual Bank was brought about by a series of fraudulent transactions worth billions.

0 comments8325 Views

EFF deputy president Floyd Shivambu allegedly involved in another scandal – report

2018-10-12 09:43

Floyd Shivambu has been linked to the controversial business of his brother through messages he is believed to have sent a businessman being probed for his role in alleged wrongdoing at the PIC, according to a report.

VBS scandal: ANC must be decisive like Nene, says Mbalula

2018-10-11 20:58

ANC elections head Fikile Mbalula believes the party should be decisive when it comes to dealing with the VBS Mutual Bank scandal.

Brian Shivambu rejects report claiming he scored millions in VBS Mutual Bank heist

2018-10-11 18:17

The younger brother of EFF deputy president Floyd Shivambu has denied that he received money from collapsed VBS Mutual Bank and has threatened to go after those who "defamed" him.

No trace of VBS 'donation' in Free State Development Corporation's books

2018-10-11 14:48

The Free State Development Corporation was paid a handsome gratuity of more than R104m by VBS Bank, according to a forensic report compiled by advocate Terry Motau SC and Werksmans Attorneys.

Heads must roll over 'alarming' VBS Mutual Bank report - ANC

2018-10-10 22:21

The ANC has welcomed a final investigation report into large-scale fraud at VBS Mutual Bank, saying heads must roll where there was any wrongdoing.

Lack of funding limits probes into auditors, MPs told

2018-10-10 07:10

The Independent Regulatory Board for Auditors needs more funding to be able to implement investigations for the rising number of audit failures, members of Parliament have heard.

ANC top 6 plan shady deal to rescue embattled VBS bank

2018-08-12 06:02

Political motives cites in an alleged bid by the top 6 to shield guilty parties.

VBS scandal goes global

2018-08-05 05:57

R144m belonging to an Angolan millionaire is lost – along with R1.5bn in municipal deposits – as VBS executives took holidays in Dubai.

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