Mail & Guardian
Mail & Guardian
kabelo matsepelatest news & developments

Case of municipal manager who got luxury gifts for depositing public funds in VBS will go to trial

Tsakane Ngobeni received holidays, expensive watches and beauty treatments from another VBS Mutual Bank accused

Victims of the VBS Mutual Bank (VBS) scandal who lost their life savings say it is ironic that Economic Freedom Fighters (EFF) members are demanding the return of “stolen” land while failing to pay back the money they allegedly received unlawfully from the bank.

R2.3-billion VBS Mutual Bank heist trial to start soon

The state has finalised its charge sheet and is ready to prosecute the alleged bank looters

‘We are all innocent,’ VBS eight tell court

The National Prosecuting Authority believes it has ‘a very strong case’ and wants to begin the VBS Mutual Bank trial

‘Not guilty’ says R35m VBS ‘looter’

Former ANC youth leader Kabelo Matsepe set to protest his innocence after arrest by the Hawks

Victims of the VBS Mutual Bank (VBS) scandal who lost their life savings say it is ironic that Economic Freedom Fighters (EFF) members are demanding the return of “stolen” land while failing to pay back the money they allegedly received unlawfully from the bank.

Senior ANC officials to be arrested for role in VBS looting

Danny Msiza and Kabelo Matsepe will become the first politicians to be face charges for alleged complicity in the scandal

Former mayor Florence Radzilani (Andrew Hlongwane/Daily Sun/Gallo)

Ex ‘VBS’ mayor wants R38-million

Florence Radzilani is claiming R38-million for defamation, loss of income and reputational damage

Mail & Gaurdian

VhaVenda king offers to pay back VBS money

King Toni Mphephu Ramabulana said that if he had received payments fraudulent payments, it was without his knowledge

The author of the explosive report, Terry Motau SC

Outrage greets VBS bank report

Many of those named in the report are taking legal action or protesting their innocence, but its author is standing his ground

Michael Cohen as sentenced to three years in prison in December, after admitting to having paid hush money during the 2016 election to two women who said they had had affairs with Donald Trump. (Eduardo Munoz Alvarez/Getty Images)

New report backs criminal charges against VBS ‘captors’

An explosive report commissioned by the Reserve Bank identifies alleged kingpins in the looting of the beleaguered mutual bank