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Sarb heads to court to have VBS Mutual Bank liquidatedThe South African Reserve Bank’s prudential authority says the bank is hopelessly insolvent and beset by massive fraud. It is easy to close down a bank owned by blacks when they saved African Bank. White media gave a reason to celebrate! 're billion squandered by (named and dhamed) blacks R100 billion looted by (deliberately anonymous) whites!
Source: ewnupdates - 🏆 30. / 53 Read more »
Court orders liquidation of looted VBS Mutual BankVBS Mutual Bank will be liquidated after an application by the SA Reserve Bank’s Prudential Authority was unopposed at the Pretoria high court on Tuesday. How is this possible ? How come no one opposed this? EFFSouthAfrica thought u were opposing this application At which capacity was the EFF supposed to oppose it? The Anc as the government was supposed to oppose it as per their parliamentary proposal.But like always they decided to let it liquidated
Source: TimesLIVE - 🏆 28. / 59 Read more »
Where is the eff odiots?blame everything on eff sponsored political activist.MYANC is going to terminate your service. Please clarify this bribes issues we can't wait anymore.we need the truth as soon as yesterday Is that why the EFF wants to nationalize the RB...to protect their own dark corruption secrets?
Source: mailandguardian - 🏆 2. / 92 Read more »
Court orders that #VBSMutualBank be liquidated | IOL NewsIt is the end of the road for VBS Mutual Bank after the High Court in Pretoria ordered its final liquidation in a court bid ...
Source: IOL - 🏆 46. / 51 Read more »
The Reserve Bank placed VBS under curatorship in March this year after the mutual bank had experienced what had then appeared to be a liquidity crisis
Source: mailandguardian - 🏆 2. / 92 Read more »
Hawks ramp up probe into VBS Mutual Bank looting spreeThe Hawks told parliament's finance committee on Wednesday that statements from at least 65 potential witnesses had been obtained as part of its investigation into the looting of VBS Mutual Bank. Shem. Gupta's paralyzed you until today you can't function properly. We know nothing will happen even if witnesses are more a thousand. Hawks moved quickly in investigating VBS Mutual Bank lootersc and reluctantly moved like a tortoise in investigating Zuma and Saxonwold gangsters
Source: SowetanLIVE - 🏆 13. / 63 Read more »
VBS Mutual Bank – when politics trumps protecting the poorOn Tuesday the ANC parliamentary caucus was briefed on the VBS Mutual Bank discussions at the weekend ANC special National Executive Committee (NEC). The impact of the VBS saga on ordinarily people was affirmed there with ‘dismay’, and it was re-affirmed that “those found guilty of wrongdoing must face the wrath of the law”.
Source: dailymaverick - 🏆 3. / 84 Read more »
Floyd Shivambu 'used influence' to get VBS Mutual Bank home loan - reportDid EFF deputy president Floyd Shivambu “use his influence” with the management at now collapsed VBS Mutual Bank to secure a home loan to buy a house for his parents? Ask investigators Can somebody with 10 million apply for a loan? Next we will be told that he used his influence to help president Zuma to get funding
Source: TimesLIVE - 🏆 28. / 59 Read more »
Floyd Shivambu 'used influence' to get VBS Mutual Bank home loan - reportDid Floyd Shivambu “use his influence” at VBS Mutual Bank to secure a home loan to buy a house for his parents? Don't you have any news to share? Stupid Sowetan Can they arrest people who are guilty of looting VBS bank guys or is it not easy to make arrests So what?
Source: SowetanLIVE - 🏆 13. / 63 Read more »
A timeline of how the VBS Mutual Bank scandal unfoldedTimeline: How the VBS Mutual Bank scandal unfolded in the City Press pages - From going bust in March to cash-strapped municipalities facing crisis in October after they sunk millions into the bank Sad news indeed, I wonder who started this tragedy?
Source: City_Press - 🏆 7. / 72 Read more »