One of the main lessons from the VBS Bank collapse in South Africa is that audit reports need to be treated with a degree of circumspection
The ANC’s national executive committee has tasked its national working committee with paving the way forward on the VBS scandal
Reserve Bank is second to apply for liquidation and it remains to be seen if this causes a delay
Thanks to massive fraud at VBS there is “no prospect” of any resolution for the bank says the prudential authority
The chairperson of the commission said the VBS saga has seriously damaged the credibility of the party
R5.9-million is alleged to have been paid from Floyd’s brother to Malema’s relative
The Giyani municipality has confirmed that its CFO was fired following his alleged involvement in the VBS Mutual Bank debacle
The author of the report sets the wags talking about a reality that at times seems more farcical than fiction
Two ANC leaders implicated in the VBS bank report will be called to appear before the party’s integrity commission
The total amount is yet to tallied but could reach billions and could hit taxpayers in the pocket
Mayor Florence Radzilani is one of the more than 50 people implicated in the report into large-scale fraud at the bank
The EFF has responded to allegations its deputy president Floyd Shivambu unlawfully benefitted from the VBS scandal
On Sunday, the City Press newspaper reported that Ramaphosa was allegedly briefed about widespread corruption at VBS early in 2017
King Toni Mphephu Ramabulana said that if he had received payments fraudulent payments, it was without his knowledge
‘But memory is a fickle thing. We succumbed to the phenomenon of treating Malema and Shivambu as if they were a product in our service’
Many of those named in the report are taking legal action or protesting their innocence, but its author is standing his ground