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Pretoria High Court clears ANC Limpopo leader implicated in R2bn VBS heist

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ANC Limpopo provincial treasurer Danny Msiza has succeeded in having parts of the now-defunct VBS Mutual Bank heist report implicating him set aside by the North Gauteng High Court on procedural grounds.

Judge Vivian Tlhapi on Tuesday reviewed and set aside the report drafted by Advocate Terry Motau SC following investigations into the collapse of the bank in 2018.

Judge Tlhapi found that Motau failed to be procedurally fair to Msiza prior to the release of the report, the audi alteram partem principle. Msiza was implicated by Phophi Mukhodobwane, the former VBS treasury general manager, who described him as the kingpin in the so-called"commission agent" scheme at the financial institution.

Former VBS sales general manager Ntendeni Nemabubuni also told Motau that he met Msiza and Kabelo Matsepe, a politically connected fixer and that the ANC provincial treasurer"did most of the talking".

Source: Law Daily Report (lawdailyreport.net)

 

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