VBS victims still fighting for their money

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The men are accused of plundering almost R2.3 billion from the bank by allegedly falsifying VBS’s financial statements for the fiscal year ending March 2017. Picture: Gallo Images/OJ Koloti
The men are accused of plundering almost R2.3 billion from the bank by allegedly falsifying VBS’s financial statements for the fiscal year ending March 2017. Picture: Gallo Images/OJ Koloti

NEWS

As the law takes its course with those implicated in the collapse of VBS Mutual Bank, there are still clients who have not received any of the money they lost.

City Press understands that not all 17 894 of its retail depositors have qualified to open accounts with Nedbank, while those who qualified to do so have only been paid a maximum of R100 000.

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