Rooplal also warned that all creditors who have not previously lodged their claims, including non-retail depositors, to file and prove claims against VBS and do so in strict compliance with the Insolvency Act.
In May, Rooplal also warned the municipalities, suppliers, retailers, businesses and permanent shareholders owed by the VBS that they were running out of time to lodge their valid claims. In June, Public Protector Busisiwe Mkhwebane ordered the 14 municipalities that illegally and improperly invested almost R3.2 billion in VBS to institute proceedings to recover the public money.
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