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The ANC integrity commission faces backlash over allegations of factional targeting in Limpopo. (Delwyn Verasamy/M&G)
ANC

ANC integrity commission faces backlash over allegations of factional targeting in Limpopo

Claims have been made that the commission is being used to sideline political rivals by reviving allegations linked to the VBS Mutual Bank scandal

  • Lunga Mzangwe
8 min read
The Constitutional Court will rule on whether parliament acted lawfully when it rejected a Section 89 panel report recommending an impeachment inquiry into President Cyril Ramaphosa over the Phala Phala scandal
CYRIL RAMAPHOSA

Ramaphosa mulls Simelane’s explanation on VBS loan

The president’s office said that he was mindful of the need for integrity in his cabinet This content is restricted to registered users and subscribers. Get Your Free Account The…

  • Emsie Ferreira
1 min read
Standing firm: Limpopo premier Phophi Ramathuba won’t remove an MEC linked to the bank scandal and won’t walk back her comment about Zimbabweans receiving healthcare in South Africa. Photo: Frennie Shivambu/Gallo
ANC

Limpopo premier won’t act on MEC over bank heist

The Limpopo premier wants a clampdown on the flow of illegal immigrants into the province

  • Lunga Mzangwe
5 min read
ANC secretary general Fikile Mbalula says if the party illegally received any money from VBS Mutual Bank it will be paid back. (Photo by Per-Anders Pettersson/Getty Images)
ANC

Fikile Mbalula: ANC will pay back any money if it received unlawfully from VBS

The secretary general also took a swipe at Jacob Zuma says the uMkhonto weSizwe party is a ‘friends of Zuma’ party This content is restricted to registered users and subscribers.…

  • Lunga Mzangwe
1 min read
Former VBS Bank chairperson Tshifhiwa Matodzi’s leaked affidavit alleged the involvement of a number of people in the looting of the bank, including EFF leader Julius Malema and deputy president Floyd Shivambu. (Photo by Per-Anders Pettersson/Getty Images)
ANC

VBS victim: EFF wants stolen land returned but won’t pay back our looted life savings

Victims say ANC is “afraid” to act against implicated MEC Florence Radzilani

  • Lunga Mzangwe
9 min read
Advocate Dali Mpofu SC (Oupa Nkosi)
ARTICLE

Korner Talk | EFF must bench Dali Mpofu on VBS

The senior counsel capitulated like Courage, the Cowardly Dog during a broadcast interview

  • Khaya Koko
4 min read
Victims of the VBS Mutual Bank (VBS) scandal who lost their life savings say it is ironic that Economic Freedom Fighters (EFF) members are demanding the return of “stolen” land while failing to pay back the money they allegedly received unlawfully from the bank.
ANDILE RAMAVHUNGA

R2.3-billion VBS Mutual Bank heist trial to start soon

The state has finalised its charge sheet and is ready to prosecute the alleged bank looters

  • Khaya Koko
3 min read
Victims of the VBS Mutual Bank (VBS) scandal who lost their life savings say it is ironic that Economic Freedom Fighters (EFF) members are demanding the return of “stolen” land while failing to pay back the money they allegedly received unlawfully from the bank.
AFRICAN NATIONAL CONGRESS

Senior ANC officials to be arrested for role in VBS looting

Danny Msiza and Kabelo Matsepe will become the first politicians to be face charges for alleged complicity in the scandal

  • Lizeka Tandwa
  • Emsie Ferreira
  • Khaya Koko
5 min read
KPMG may have to repay VBS because of its alleged fraudulent audits if the defunct bank’s liquidators have their way. (Alon Skuy/The Times/Gallo Images)
AVHASHONI RAMIKOSI

In a bizarre twist VBS liquidators sue KPMG for R863mn

In filed court documents, the VBS liquidators are blaming auditing firm KPMG’s negligence for the alleged looting of the bank

  • Khaya Koko
3 min read
NPA head Shamila Batohi said although the SIU was mandated to make referrals to the NPA, many of its cases needed further investigation to justify reasonable doubt. She said the SIU was almost using the NPA as a post box for its cases to be sent to the Hawks. (Gallo/Sunday Times/Alaister Russell)
ANDILE RAMAVHUNGA

NPA cool on ire over VBS saga’s glacial pace

The NPA has confirmed that the trial of the expected 10 accused in the VBS heist will be a marathon

  • Khaya Koko
3 min read
Trial date: The VBS heist trial is expected to begin only in early 2022. Photo: Delwyn Verasamy
ANDILE RAMAVHUNGA

R2.3bn VBS trial expected to only begin in 2022

The state is expected to request a 16 week-long trial, as delays stymie progress in the saga.

  • Khaya Koko
3 min read
Frustration reigned at the R2.3-billion VBS Mutual Bank heist court case after another postponement, with one of the accused’s lawyers arguing that his client was suffering financial prejudice because of the state’s alleged ineptitude.
ANDILE RAMAVHUNGA

VBS case delays cause massive frustration

A certificate is needed from the head of the NPA for more arrests to be made

  • Khaya Koko
4 min read
Seven of the defunct bank’s top executives appeared at the specialised commercial crimes court sitting in Palmridge on Thursday.
ANDILE RAMAVHUNGA

More arrests expected in the R2.3bn VBS heist

Prosecutors tell the court that more people will be charged and additional charges will be added to the seven accused in a new charge sheet

  • Khaya Koko
2 min read
Phillip will spend seven years behind bars.
ANDILE RAMAVHUNGA

‘Haunted’ VBS executive Truter sentenced to seven years

Phillip Truter, the former chief financial officer of the defunct mutual bank who pleaded guilty to fraud and other charges, will work with authorities on how the alleged heist…

  • Khaya Koko
2 min read
Head of the Hawks Godfrey Lebeya during an interview on September 07, 2018 (Photo by Gallo Images/Sunday Times/Alaister Russell)
ACE MAGASHULE

Hawks eye ANC politicians next

Top cop says more big players will be added to the list of accused as the state prepares to go to court

  • Sabelo Skiti
6 min read
Former VBS CEO ?Andile Ramavhunga. (Gallo)
PASSENGER RAIL AGENCY OF SOUTH

Former VBS CEO wants to challenge ‘bank heist’ report findings at ConCourt

The ‘​Great Bank Heist’ report found that R1.9-billion had been looted from the mutual bank, implicating him along with at least 50 other individuals

  • Tehillah Nieselow
2 min read
Tshifhiwa Matodzi (left) Andile Ramavhunga. (Mduduzi Ndzingi/Sowetan/Gallo Images)
SOUTH AFRICAN INSTITUTE OF CHARTERED

Saica launches new bid to discipline ex-VBS bosses

The accounting body will on Thursday argue again that Tshifhiwa Matodzi and Andile Ramavhunga should be struck off the CA (SA) roll

  • Tehillah Nieselow
2 min read
Non-fiction: Tshifhiwa Matodzi and Andile Ramavhunga are lead characters in Terry Motau’s report into the bank’s actions that have devastated its victims. Photo: Mduduzi Ndzingi/ Gallo Images/Sowetan
KWANELE SOSIBO

VBS report is a reader’s dream

The author of the report sets the wags talking about a reality that at times seems more farcical than fiction

  • Kwanele Sosibo
7 min read
As well as clarifying that the corporation had in fact received payments from VBS, the FDC expressed concern over not having been consulted before the report was released.
FLOYD SHIVAMBU

Another top VBS beneficiary clears the air

The Free State Development Corporation was third on the list of those who received large sums of money from the embattled bank

  • Sarah Smit
3 min read
Mail & Gaurdian
BRIAN SHIVAMBU

VhaVenda king offers to pay back VBS money

King Toni Mphephu Ramabulana said that if he had received payments fraudulent payments, it was without his knowledge

  • Gemma Ritchie
2 min read