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Parliamentary findings and EFF propaganda notwithstanding, Julius Malema and Floyd Shivambu did indeed benefit from VBS looting

The lies in support of the party president, Malema, and deputy president, Shivambu, are in direct conflict with findings by Parliament’s Joint Committee on Ethics and Members’ Interests published on Monday. They can easily be proved wrong.

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Zuma's Nkandla upgrades: Court says VBS can seize ass...

VBS Mutual Bank can now seize former president Jacob Zuma’s cattle, furniture and other realisable assets to repay his R6.5-million loan for his homestead at Nkandla in KwaZulu-Natal. This on the back of an order in VBS’ favour by the High Court in Pietermaritzburg, delivered on Tuesday.

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Another hurdle as defence lawyers for VBS Mutual Bank accused say they're not ready for trial

The trial of people accused of looting of the VBS Mutual Bank has hit a snag after lawyers for the defence say they are not ready for trial.

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VBS looting kingpin case: State ready to proceed to tri...

The VBS pre-trial where 14 people are accused of racketeering, money laundering, theft and fraud, has been postponed to January. The VBS pre-trial where 14 people are accused of racketeering, money laundering, theft and fraud, has been postponed to January.

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Another alleged VBS looter granted bail after case postponed

Mokwena is reported to have received kickbacks in the form of credit facilities for the purchase of two vehicles and property in Klerksdorp.

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Case against 14 accused of VBS corruption postponed to October

Case against 14 accused of VBS corruption postponed to October
citizen.co.za - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from citizen.co.za Daily Mail and Mail on Sunday newspapers.

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ANC Limpopo won't take action on official implicated in VBS Bank saga – The Citizen

Capricorn FM that the provincial party was pleased that the case was before the court.
“It’s for the ANC to pounce who’s wrong and who’s not wrong. That’s not the space we are entering. At this particular moment is that this case at the day of the day there is a direction an it is drawing to an end.
“We have been saying as the ANC that we are worried about the delays and postponements and so forth, but we got assured today [Friday] by the state that….when they presented the case that they are done with the investigation. And also that we have been assure by the defendants that they are ready,” he said.

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A further eight VBS Mutual Bank looting kingpins to sta...

In a 206-page indictment detailing the 2018 implosion of VBS Mutual Bank, 14 men are now charged with a total of 188 counts of theft, fraud, money laundering, corruption, racketeering and contraventions of provisions in the Prevention of Organised Crime Act (Poca) and the Prevention and Combating of Corrupt Activities Act (Precca). These alleged crimes relate to the looting and subsequent implosion of VBS Mutual Bank between 2015 and March 2018.
The latest arrest comes about nine months after the first group of seven accused pleaded not guilty to the crimes against VBS. Former CFO Philip Truter was the only defendant to plead guilty in a plea bargain that offered him lesser jail time in exchange for turning state witness.

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'We are all innocent,' VBS eight tell court - The Mail & Guardian

The National Prosecuting Authority believes it has ‘a very strong case’ and wants to begin the VBS Mutual Bank trial

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VBS Mutual Bank: Five people in custody after early morning Hawks raids

Felix Dlangamandla/Gallo Images
The Hawks have arrested a total of seven people in early morning raids in connection with the looting of VBS Mutual Bank.
They were arrested at various places in Gauteng and Limpopo.
They will be charged with theft, fraud, corruption, money laundering and racketeering.
Seven people are in custody in connection with VBS Mutual Bank looting allegations, following early morning raids by the Hawks on Thursday.
The Hawks conducted the raids at various places in Gauteng and Limpopo. Some people handed themselves over. They are expected to be charged with theft, fraud, corruption, money laundering and racketeering, and are scheduled to appear in court on Friday.

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