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 ...

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 ...

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 ...

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 ...

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 ...

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 ...