Vbs Bank
latest news & developmentsThe Malema-Khan allegations point to a rot beyond party politics
New evidence from the Madlanga Commission places EFF leader Julius Malema at the centre of allegations involving suspended Crime Intelligence deputy head Major-General Feroz Khan…
The vicious cycle of NSFAS: A journey through corruption and hope
The real tragedy lies in the suffering of the students
Parliament’s findings against Shivambu prove nothing, says EFF
The Economic Freedom Fighters deputy president failed to declare money transferred to him from a company owned by his brother, known as a VBS Mutual Bank beneficiary
ANC committee clears Maneli & Mogale-Letsie in VBS scandal
The ANC dispute committee called the Gauteng PEC’s step-aside ruling against two former mayors linked to the VBS bank ‘harsh’ and ‘extreme’
ANC’s Danny Msiza ordered to step aside or face suspension
The party’s deputy secretary general said the step-aside resolution must be applied without deviation
In a bizarre twist VBS liquidators sue KPMG for R863mn
In filed court documents, the VBS liquidators are blaming auditing firm KPMG’s negligence for the alleged looting of the bank
Editorial: The ANC lacks consequence management
President Cyril Ramaphosa’s Nasrec promises about accountability need to be effected by the ANC, but the party seems incapable of self-policing
The case against Floyd Shivambu
The flow of money from VBS Bank would seem to suggest that the EFF’s second-in-command was an ultimate beneficiary of proceeds of a crime
Workers’ R60m ‘lost’ in banks scam
An asset manager, VBS Mutual Bank and a Namibian bank have put the retirement funds of 26 000 municipal workers in South Africa at risk
VBS and Steinhoff investigations at “advanced stage” — NPA and SIU
Crime-fighting bodies update MPs on why high-profile investigations into VBS Mutual Bank and Steinhoff have not yielded results
Shivambu hit with VBS legal bill
Brian paid back the money before liquidator could attain records to company dealings. He incurred costs, however
VBS bounty buys Floyd a Rover
The EFF leader admits he bought the vehicle but denies there was a link to the now defunct bank
Hawk eyes for municipal crimes
A report by the auditor general said most municipalities, which are supposed to be on the front line of service delivery, were in financial difficulty
Millions lost and now more VBS liquidations
The bank’s liquidator has gone after two more people who allegedly profited, as well as former president Jacob Zuma
Why South African law on directors’ delinquency is open to abuse
For the first time in SA company law, courts can declare directors delinquent. This new remedy must not be abused by those with the power to use it