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TIMELINE | VBS investigations start to bear fruit, 2 years after Great Bank Heist report

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South Africa Reserve Bank deputy governor Kuben Naidoo, author of the forensic report into VBS Mutual Bank advocate Terry Motau, and Treasury deputy director general Ismail Momoniat.
South Africa Reserve Bank deputy governor Kuben Naidoo, author of the forensic report into VBS Mutual Bank advocate Terry Motau, and Treasury deputy director general Ismail Momoniat.
Jan Gerber, News24

It was in October 2018 when advocate Terry Motau released his report, titled the Great Bank Heist, after he had been tasked by the South African Reserve Bank (SARB) to investigate the VBS Mutual Bank.

And, nearly two years later, eight people have been arrested; one pleaded guilty and has turned state witness.

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