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Net closes on VBS looters with 5 suspects nabbed, more to hand themselves in Updated
JacarandaFM News
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The arrested suspects include a Managing Director of VBS responsible for Retail; a former Chief Operating Officer of VBS and Chief Executive Officer of Vele Investments; four commission agents, and an office-bearer of a political party in Limpopo.
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The Directorate for Priority Crime Investigation has arrested five suspects in an early dawn raid at various places in Gauteng and Limpopo Provinces.
The suspects are believed to have had a hand in the VBS looting and will be answering to charges relating to a combined 188 counts which include theft, fraud, corruption, money laundering, and pattern of racketeering activity.