Chairperson of the ANC's integrity commission, George Mashamba, has said the it started looking into the VBS Mutual Bank saga after the names of the party's provincial deputy chairperson Florence Radzilani, and treasurer Danny Msiza, were among the 53 mentioned in a report released by advocate Terry Motau and law firm Werksmans Attorneys, on the looting of R1.8 billion from VBS. The commission's aim is to investigate members who harm the party's image through corruption.
ANC Integrity Commission Has Started Looking Into VBS Scandal
News24Wire, 22 October 2018
Chairperson of the ANC's integrity commission, George Mashamba, says it has started looking into the VBS Mutual Bank saga and is hoping to meet in the coming weeks with its members… Read more »
The VBS Mutual Bank website (file photo).
Questions Over Free State Development Corporation's R104 Million VBS Investment
News24Wire, 21 October 2018
The Free State Development Corporation (FDC) violated financial regulations in placing a massive R100m investment with the now collapsed VBS Mutual Bank (VBS). Read more »
SA Media Must Reflect On Its Practices in a Time of State Capture - Sanef
News24Wire, 20 October 2018
Media houses need to deeply introspect on their practices and how these might be contributing to democracy or eroding trust, the South African National Editors' Forum (Sanef) urged… Read more »
SABC Probing Possible Editorial Code Breaches Over Vbs Scandal Coverage
The South African Broadcasting Corporation (SABC) on Saturday said it was probing possible breaches in its editorial code regarding the coverage of the VBS Mutual Bank debacle by… Read more »
VBS Scandal - Maimane Will Soon Quiz Ramaphosa On When He First Became Aware of Looting
News24Wire, 19 October 2018
DA leader Mmusi Maimane has been told that he will soon have the chance to pose his urgent question to President Cyril Ramaphosa about whether the president had prior knowledge of… Read more »
Finance Minister Tito Mboweni has called for tough action to be taken against officials tied to the VBS Mutual Bank looting scandal during his maiden appearance before parliament's ... Read more »
Democratic Alliance leader Mmusi Maimane has said that his party is considering laying charges against President Cyril Ramaphosa following reports that he had prior knowledge of ... Read more »
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