Author

 
Caryn Dolley

Caryn Dolley

    Two more VBS execs provisionally sequestrated
    Two more VBS execs provisionally sequestrated
    Two more VBS Mutual Bank executives have been provisionally sequestrated, bringing the total number of managers at the institution whose assets...
    Former VBS boss only heard of ‘looting’ after it happened, advocate argues
    Former VBS boss only heard of ‘looting’ after it happened, advocate argues
    A former VBS Mutual Bank boss only found out about alleged plundering of R1.5-billion from the institution just before it was placed under...
    Siza Mzimela appointed acting CEO of struggling SA Express
    Siza Mzimela appointed acting CEO of struggling SA Express
    The board of state-owned SA Express has appointed Siza Mzimela, a former CEO of SAA, as the struggling airline's new acting CEO.
    VBS head's explanation of R15m bonus is ‘absurd’, court hears
    VBS head's explanation of R15m bonus is ‘absurd’, court hears
    An explanation by VBS Mutual Bank's chief executive officer about an alleged R15-million bonus paid to him, which he says he earned for other...
    Three VBS execs provisionally sequestrated, Vele liquidated
    Three VBS execs provisionally sequestrated, Vele liquidated
    Provisional sequestration orders have been granted against three businessmen in the VBS Mutual Bank fraud saga.
    VBS saga: Municipalities in for half-a-decade wait for a fraction of R1.5bn deposits
    VBS saga: Municipalities in for half-a-decade wait for a fraction of R1.5bn deposits
    VBS Mutual Bank allegedly broke the law by accepting deposits totalling around R1.5-billion from municipalities, which may now have to wait up to...
    The plans to expand VBS if ‘looting’ wasn’t exposed
    The plans to expand VBS if ‘looting’ wasn’t exposed
    VBS Mutual Bank was set to become a commercial bank, and several new branches may have opened around the country if those running the organisation...
    Death threats and dismissals: Inside SITA’s 'clean-up' probes
    Death threats and dismissals: Inside SITA’s 'clean-up' probes
    Executive members of the State Information Technology Agency (SITA) have received death threats amid critical investigations into collusion and...
    Power struggle rocks VBS bank’s main shareholder
    Power struggle rocks VBS bank’s main shareholder
    A power struggle between two central figures in Vele Investments, the company which may have become beleaguered VBS Mutual Bank’s majority ...
    Factors fuelling fight over Cape Town's controversial R1bn prime land tender
    Factors fuelling fight over Cape Town's controversial R1bn prime land tender
    A lease payment method, forming part of a controversial R1-billion tender for the upgrade of stretches of prime City of Cape Town land between...
    Cape Town investigation unit reinstated following shut down by De Lille
    Cape Town investigation unit reinstated following shut down by De Lille
    The City of Cape Town's Special Investigation Unit (SIU) which embattled mayor Patricia de Lille ordered be shut down in August last year ― a move which resulted in serious claims being made against her and which marked the surfacing of a continuous slew of allegations...
    Determined De Lille readies herself for DA disciplinary processes
    Determined De Lille readies herself for DA disciplinary processes
    Cape Town Mayor Patricia de Lille says she has received a number of "settlement proposals" from the Democratic Alliance (DA), but that in a bid to...