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Limpopo municipal manager granted R50k bail in VBS corruption case
12 March 2021 12:33 PM
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Collins Chabane municipal manager Tsakani Ngobeni, who allegedly approved the deposit of R120 million with VBS, has been added to the seven previously accused persons that include board members and executives of the bank.
JOHANNESBURG â The manager of the Collins Chabane Municipality Tsakani Ngobeni has been granted R50,000 bail by the Palm Ridge Court on Friday.
Ngobeni is charged with corruption for allegedly approving a R120 million deposit with VBS Mutual Bank.
Meanwhile, demonstrators dressed in Peter Mokaba region regalia have gathered outside the court following reports that reinstated leader Danny Msiza was also expected to be charged.
Limpopo municipal manager granted R50k bail in VBS corruption case ewn.co.za - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from ewn.co.za Daily Mail and Mail on Sunday newspapers.