In a bizarre twist VBS liquidators sue KPMG for R863mn mg.co.za - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from mg.co.za Daily Mail and Mail on Sunday newspapers.
It appears that no one wants to take responsibility and confirm how far the investigations have gone to recoup the funds from Steinhoff or to bring those involved to book.
NPA cool on ire over VBS saga’s glacial pace
The National Prosecuting Authority (NPA) has confirmed that the trial of those charged in the alleged R2.3-billion VBS Mutual Bank heist which could start this year or early in 2022 will likely be prolonged and run for more than four months.
The NPA has disputed claims that any delays in finalising the saga were down to the ineptitude of its prosecutors, and denied that the trial would begin only next year.
Mail & Guardian this week that, according to three highly placed sources, the trial of the seven VBS executives and directors as well as three others who the NPA said had yet to be arrested would begin only early in 2022.
They face 47 charges of theft, fraud, money laundering and racketeering but the State wanted the matter postponed last year so that more charges could be added.