Stay updated with breaking news from Minah Maredi. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
Former Elias Motsoaledi Municipality mayor, Julia Mathebe, as well as the council’s ex-municipal manager, Minah Maredi, are the latest two people to be nabbed in the ongoing VBS Bank investigation.
Mathebe was arrested in connection with R190m deposit into now doomed VBS bank made by the Elias Motsoaledi lLocal municipality during her tenure as mayor.
The former Mayor of the Elias Motsoaledi Municipality, Julia Mathebe and the former municipal manager Minah Maredi, were arrested by the Hawks on Wednesday.
The rot runs deep in the VBS/Vele Investments saga. The latest suspects joining a long list of prominent people implicated are Minah Maredi (59), former municipal manager at the Elias Motsoaledi Municipality, and former Mayor Julia Mathebe (51).
Limpopo municipality invested R190m in VBS – with R300 000 of this allegedly channelled to its then mayor via a company belonging to her children.