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SNG

Three VBS execs provisionally sequestrated, Vele liquidated
Article
/ 31 July 2018

Three VBS execs provisionally sequestrated, Vele liquidated

The sequestration and liquidation matter, which is ongoing, is being heard in the Johannesburg high court on Tuesday

By Caryn Dolley
Eskom reveals billion rand losses in annual financial results
Article
/ 23 July 2018

Eskom reveals billion rand losses in annual financial results

Eskom’s irregular expenditure, identified under the terms of the Public Finance Management Act, rose to just under R20-billion

By Lynley Donnelly
Power struggle rocks VBS bank’s main shareholder
Article
/ 14 July 2018

Power struggle rocks VBS bank’s main shareholder

Two Vele Investments bigwigs are at the heart of a power struggle as the VBS fraud saga continues

By Caryn Dolley
Reserve Bank: No guarantee municipalities will get VBS money back
Article
/ 30 May 2018

Reserve Bank: No guarantee municipalities will get VBS money back

The standing committee on finance held a briefing on progress made on VBS Mutual Bank, since it was placed under curatorship in March

By Lameez Omarjee
KPMG to review all work over the last-year-and-a-half
Article
/ 15 April 2018

KPMG to review all work over the last-year-and-a-half

The beleaguered auditing firm has launched a large-scale review of all work done in last 18 months

By Staff Reporter
VBS Mutual Bank ‘severely mismanaged’ – SARB affidavit
Article
/ 11 April 2018

VBS Mutual Bank ‘severely mismanaged’ – SARB affidavit

SizweNtsalubaGobodo says there is reason to believe there has been fraudulent reporting and manipulation of financial information

By Lameez Omarjee
Gupta firms sail close to the wind
Article
/ 29 September 2017

Gupta firms sail close to the wind

With no access to banking, the family is heading into a financial storm. But it has a few lifeboats yet

By Phillip De Wet

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