The VBS pre-trial where 14 people are accused of racketeering, money laundering, theft and fraud, has been postponed to January. On Tuesday, the VBS Mutual Bank pre-trial proceedings resumed at the ...

Cape Town - The Palm Ridge Magistrate’s Court has granted bail to seven people who were arrested in connection with the alleged looting of the VBS Mutual Bank. ANC Limpopo provincial treasurer, Danny ...

In a bizarre twist, VBS Mutual Bank’s liquidators are blaming KPMG for the “fraudulent” ransacking of the bank’s billions, saying the auditing firm’s “negligence” spawned the alleged looting. These ...

VBS Mutual Bank has filed papers suing KPMG for R864-million, alleging its audit partner Sipho Malaba bagged millions in benefits and cash, lied to the Reserve Bank, acted in bad faith and breached ...

The Hawks have arrested three more suspects in connection with the looting and collapse of VBS Mutual Bank. The suspects – a 57-year-old former municipal manager and a 39-year-old former chief ...

LIMPOPO – The resolution came during a closed meeting last Tuesday when a proposal was approved to inform Tshifhango and Maluleke that they have been given seven days to respond as to why they should ...

The National Prosecuting Authority (NPA) is ready to pull the trigger in the alleged R2.3-billion VBS Mutual Bank heist, with the trial date expected to be set in August. On Friday, at the ...

Pretoria - The 14 people accused of looting VBS Mutual Bank will finally face more than 100 charges for their alleged roles in the heist, on October 12, in court. The accused include Limpopo ANC ...

Just R20 for the first month. Support independent journalism by subscribing to our digital news package. A man who allegedly took part in the looting of VBS Mutual Bank was arrested by the Hawks in ...