Mail & Guardian
Mail & Guardian
lieutenant general avhashoni ramikosilatest news & developments
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.
ANDILE RAMAVHUNGA

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

  • Khaya Koko
3 min read
ANDILE RAMAVHUNGA

‘Not guilty’ says R35m VBS ‘looter’

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

  • Emsie Ferreira
  • Khaya Koko
4 min read
NPA head Shamila Batohi said although the SIU was mandated to make referrals to the NPA, many of its cases needed further investigation to justify reasonable doubt. She said the SIU was almost using the NPA as a post box for its cases to be sent to the Hawks. (Gallo/Sunday Times/Alaister Russell)
ANDILE RAMAVHUNGA

NPA cool on ire over VBS saga’s glacial pace

The NPA has confirmed that the trial of the expected 10 accused in the VBS heist will be a marathon

  • Khaya Koko
3 min read
Seven of the defunct bank’s top executives appeared at the specialised commercial crimes court sitting in Palmridge on Thursday.
ANDILE RAMAVHUNGA

More arrests expected in the R2.3bn VBS heist

Prosecutors tell the court that more people will be charged and additional charges will be added to the seven accused in a new charge sheet

  • Khaya Koko
2 min read