‘Not guilty’ says R35m VBS ‘looter’
Kabelo Matsepe, the former ANC Limpopo youth leader, who supposedly received a cool R35-million from VBS Mutual Bank’s alleged looting, will plead not guilty to corruption charges he faces. This was revealed on Thursday by Matsepe’s legal representative, Ulrich Kruger, who confirmed that his client was one of eight people nabbed by the Directorate for Priority Crimes Investigation (or Hawks) in Gauteng and Limpopo.
The eight arrests are five more than what was revealed in court in January by prosecutor Hein van der Merwe, who had said the state would only be prosecuting three more accused.