🔒 How world sees SA: Corruption crackdown has begun! At Zuma’s VBS Mutual Bank
President Cyril Ramaphosa’s crackdown on corruption has begun, starting with the looting of Jacob Zuma’s bank, VBS Mutual Bank.
President Cyril Ramaphosa’s crackdown on corruption has begun, starting with the looting of Jacob Zuma’s bank, VBS Mutual Bank.
Corruption Watch applauds the swoop on corrupt officials in the second wave of arrests of individuals involved in the looting of VBS Mutual Bank, which represents an important step towards holding those responsible accountable.
South African authorities arrested four people in connection with the collapse of VBS Mutual Bank, which was allegedly looted of R1.9 billion.
Pauli van Wyk opened the EFF’s hypocrisy window wider still after meticulously researching and detailing EFF leader Julius Malema’s astonishing profligacy with money plundered from the poorest of the poor.
The Motau Report was issued on 10 April 2018. Many many people implicated in corrupt activities should have been prosecuted by now. Why the delay?
The first most people heard of VBS Mutual was when it emerged that the bank had given former president Jacob Zuma a loan.
A lifestyle audit of Dan Matjila, the former head of Africa’s largest pension-fund manager, showed no evidence that he took out an irregular loan from failed South African lender VBS Mutual Bank.
Rhetoric from the likes of the EFF has gone up a notch in recent weeks as the party has looked to divert attention away from itself.
For those of us following the VBS heist, this is an essential road map to help navigate what is happening in the aftermath of the revelations of massive fraud.
Zweli Mkhize says he has no direct knowledge or personal recollection of the R2million donation by VBS during his tenure as TG as has been reported.