VBS scandal: Three more arrests in Pretoria raids

They are a 57-year-old former municipal manager and 39-year-old former CFO of a Limpopo municipality, as well as a 41-year-old owner of a private business, said Brig Nomthandazo Mbambo.

The investigation revealed that the municipality invested R230m, “which was paid in five tranches from November 15 2016 to February 19 2018.The three will appear in the Pretoria specialised commercial crimes court on Wednesday on charges under the Municipal Finance Management Act, and for corruption and money laundering.Fourteen other people accused of looting VBS are due to return to theThey are charged with racketeering, corruption, fraud, theft and money laundering.

In October last year, former VBS CFO Phillip Truter pleaded guilty to charges of fraud, corruption, money laundering and racketeering. He was sentenced to 10 years’ imprisonment, with three years suspended.

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VBS scandal: Three more arrests in Pretoria raidsTwo government officials and a businessperson were arrested when the Hawks swooped on their Pretoria homes on Tuesday morning in connection with the VBS Mutual Bank looting scandal. And yet AGAIN, no EFF leadership getting arrested! Yet ALL publications used them as the face if the VBS scandal. You'll see mindless idiots still trying to pin it on them
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VBS scandal: Three more arrests in Pretoria raidsTwo government officials and a businessperson were arrested when the Hawks swooped on their Pretoria homes on Tuesday morning in connection with the VBS Mutual Bank looting scandal. Tankie president CyrilRamaphosa... Bopha zonke When are you arresting the cic Are they EFF
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Hawks arrest three more suspects over VBS Bank scandalThe Hawks have arrested three more suspects in connection with the looting and collapse of VBS Mutual Bank. I am still safe🤪 Always arresting........and then nothing ever happens
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VBS Bank arrests: North West education official among three suspects nabbedBasic Education Minister Angie Motshekga says she is considering appointing somebody else to occupy the position of administrator in the interim.
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