Limpopo municipality manager's VBS case postponed

The VBS Mutual Bank case involving a Collins Chabane municipality manager, Tsakani Ngobeni, has been postponed to July 29 for further investigations.

2021-05-06 11:56:00 PM

The VBS Mutual Bank case involving a Collins Chabane municipality manager, Tsakani Ngobeni, has been postponed to July 29 for further investigations.

The VBS Mutual Bank case involving a Collins Chabane municipality manager, Tsakani Ngobeni, has been postponed to July 29 for further investigations.

She was previously released on R50,000 bail after being charged with corruption and the contravention of the Municipal Finance Management Act (MFMA).She is accused of having deposited R120m of the municipality's funds, in violation of the MFMA and the Collins Chabane municipal policy, which dictate that municipal deposits be restricted to banks that are registered in terms of the Banks Act, which VBS was not.

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Limpopo municipal manager's VBS case postponedThe VBS Mutual Bank case involving a Collins Chabane municipality manager, Tsakani Ngobeni, has been postponed to July 29 for further investigations. U dye mali Tsakani? 😂😂😂

Last chance for municipalities to claim VBS millionsMunicipalities, businesses and shareholders owed by the now defunct VBS Mutual Bank have until two weeks to lodge their valid claims in the doomed financial institution.

Case of municipal manager who got luxury gifts for depositing public funds in VBS will go to trial - The Mail & GuardianThe municipal manager in Limpopo, who allegedly received luxury holidays, wristwatches and beauty treatments for depositing R120-million of public funds in VBS Mutual Bank, is heading to trial. 20Maphuti Ke mang tswali ke tswafa go bala...lol Shouldn't beauty treatments work? It's the Beauty Treatment for me

Limpopo municipal manager's VBS case postponedThe VBS Mutual Bank case involving a Collins Chabane municipality manager, Tsakani Ngobeni, has been postponed to July 29 for further investigations. U dye mali Tsakani? 😂😂😂