Brian Shivambu ordered to pay VBS liquidator's legal bill

2019-10-04 09:07

Brian Shivambu, the brother of EFF deputy president Floyd Shivambu, has been ordered to pay VBS Mutual Bank's liquidator's legal costs in a case against Brian Shivambu's company, according to a report.

PIC wins court bid to have two former VBS directors declared delinquent

2019-08-26 12:31

The state asset manager has welcomed a high court decision to have two former executives implicated in the VBS Mutual Bank collapse declared delinquent.

Florence Radzilani sworn in as Limpopo MPL, Stan Mathabatha remains premier

2019-05-22 15:19

Limpopo ANC deputy chairperson Florence Radzilani, who has been implicated in allegations relating to large-scale looting of VBS Mutual Bank, was the focus of attention when she was sworn in as a member of the provincial legislature.

West Rand municipality to table forensic report following VBS investments

2019-04-18 18:04

The controversial West Rand District Municipality has promised to table findings regarding its multi-million rand investment in the now defunct VBS Mutual Bank.

'Rogue elements are behind my fall,' says ex-Vhembe mayor at centre of VBS scandal

2019-02-19 08:00

Former ANC Limpopo deputy chairperson and ex-Vhembe mayor Florence Radzilani, who has been placed at the centre of the VBS Mutual Bank saga, claims that she is the victim of rogue forces.

GEPF's Mokate: Pension fund healthy despite Steinhoff, VBS 'elephants in the room'

2018-12-03 16:55

The Government Employee Pension Fund has impaired Lancaster 101, Steinhoff's BEE partner. The state pension fund is invested in Lancaster through the Public Investment Corporation. Other impairments included Independent News Media and Agri Poultry.

VBS scandal: Mayor explains 'shady' R60m investment, blames former boss

2018-11-06 22:29

Limpopo's Capricorn District Municipality Mayor John Mpe has detailed how the entity came to invest R60m into VBS Mutual Bank, blaming his predecessor, Gilbert Kganyago.

Limpopo govt backs municipalities in their handling of VBS saga

2018-11-02 10:56

The Limpopo government has given the thumbs up to municipal councils that have suspended or dismissed officials involved in the VBS Mutual Bank.

5 Questions: Steinhoff, KPMG, VBS - Saica acting CEO on how the accounting industry is feeling the heat

2018-10-28 16:59

From Steinhoff CEO Markus Jooste to several senior KPMG staff and a number of VBS Mutual Bank executives, acting CEO of the SA Institute of Chartered Accountants Fanisa Lamola talks to Fin24 about the state of the accounting industry in SA.

Maimane: ANC must pay back the VBS money in 7 days

2018-10-28 13:34

DA leader Mmusi Maimane says the ANC must pay back the money it allegedly received from VBS Mutual Bank bosses.


MPs seethe as no-one pays for municipality's VBS mess

2019-09-10 18:10

The Standing Committee on Public Accounts grilled delegations from six municipalities from Limpopo Province which were found by the consolidated audit report of the Auditor General to be dysfunctional.

Ramaphosa: The NPA must prosecute VBS Mutual Bank looters, not me

2019-08-22 16:25

President Cyril Ramaphosa said he knows there is growing impatience across the nation for justice to be administered on those behind the looting of VBS Mutual Bank.

WATCH: 'VBS was meant to collapse and finish EFF' – Malema

2019-05-03 12:21

EFF leader Julius Malema says his party doesn't mind being investigated over the collapse of VBS mutual bank, insisting the EFF is "clean".

2 West Rand mayors exonerated from the VBS Mutual Bank scandal

2019-03-21 13:09

The ANC in the West Rand region of Johannesburg has welcomed the outcomes of their own investigations, launched into allegations that mayors Boyce Maneli and Maphefo Mogale-Letsie could have been involved in the VBS Mutual Bank scandal.

VBS saga: Hawks investigating 7 former Limpopo mayors

2018-12-13 17:16

The Hawks areinvestigating the seven municipal mayors forced to resign by the ANC in Limpopo over their involvement in the infamous VBS Mutual Bank scandal.

Supra Mahumapelo 'vigorously encouraged' North West municipalities to invest with VBS - report

2018-11-09 08:58

According to the Mail & Guardian, the former North West premier introduced VBS to municipal officials at a meeting last year.

Ramaphosa: VBS can rise from the ashes

2018-11-06 14:51

VBS should serve the poor and those in rural areas as it was intended to - once it has risen "from the ashes", President Cyril Ramaphosa has said.

VBS: ANC's integrity commission wants implicated members to step aside

2018-10-29 09:08

The ANC’s integrity commission has recommended to the party’s leadership that all party members implicated in the VBS Mutual Bank scandal step aside from leadership positions and activities.

Mogajane met with boss of VBS shareholder, Sunday Times reports

2018-10-28 14:32

National Treasury director general Dondo Mogajane was invited to the private home of Vele Investments executive chair Tshifhiwa Motodzi before the collapse of VBS Mutual Bank, Sunday Times reported on Sunday.

Treasury DG met with VBS bosses - report

2018-10-28 12:41

Treasury's director-general reportedly met with VBS executives to help them comply with banking regulations.

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