VBS Mutual Bank: The Great Bank Heist

 
Holomisa claims Matjila failed to declare millions received from VBS
Holomisa claims Matjila failed to declare millions received from VBS
The Public Investment Corporation’s (PIC) former chief executive Dan Matjila should be investigated over allegations he did not declare the...
Democracy and the left in post-apartheid South Africa — An interview with Ben Turok
Democracy and the left in post-apartheid South Africa — An interview with Ben Turok
Professor Ben Turok, now 92 years old, was an ANC member of Parliament in South Africa for 20 years. Turok is the sole surviving member of the...
Meet the ANC’s premier candidates
Meet the ANC’s premier candidates
The ANC’s national executive committee (NEC) has put forward the names of candidates chosen by the party as the premiers of the provincial...
VBS liquidator in court to recover Shivambu loan
VBS liquidator in court to recover Shivambu loan
The provisional liquidator of the VBS Mutual Bank has approached the courts to recover R2.7-million loaned by the bank to cash-strapped businessperson, Brian Shivambu. ...
Business partner accuses Razwinane of taking company money
Business partner accuses Razwinane of taking company money
The man who was at the centre of an R80-million deposit scandal in the defunct VBS Mutual Bank is facing a multimillion-rand lawsuit from his...
Ex-CSOS boss must answer for VBS cash
Ex-CSOS boss must answer for VBS cash
A senior executive of the controversy-stricken Community Schemes Ombudsman Services (CSOS), who is accused of investing R80-million of surplus...
​Holomisa: BEE not worth risking state worker pensions
​Holomisa: BEE not worth risking state worker pensions
Bantu Holomisa, the leader of the United Democratic Movement, has called for the suspension of all unlisted investments at the Public...
Former PIC executive denies wrongdoing in VBS looting
Former PIC executive denies wrongdoing in VBS looting
Paul Magula, a former risk and compliance executive who was sacked by the Public Investment Corporation (PIC) for failing to protect its...
Home ombud advised to lay charges
Home ombud advised to lay charges
The troubled Community Scheme Ombud Service (CSOS) has been...
Former VBS CEO wants to challenge 'bank heist' report findings at ConCourt
Former VBS CEO wants to challenge 'bank heist' report findings at ConCourt
Former VBS CEO Andile Ramavhunga says he will launch a Constitutional...
Court orders liquidation of VBS
Court orders liquidation of VBS
Beleaguered VBS Mutual Bank was liquidated on Tuesday following a court order by the high court in Pretoria.
Explainer: Lessons from the collapse of VBS
Explainer: Lessons from the collapse of VBS
The South African Reserve Bank placed VBS, a small mutual bank, under curatorship in March this year against a backdrop of a serious liquidity...

Client Media Releases

Eminent scientist recognised for his research in breastfeeding
Supersonic scores another ISP win
M&As create strategic options