Limpopo ANC treasurer and former youth league leader released on bail in connection with VBS scandal Limpopo ANC treasurer Danny Msiza in court on Friday March 12 2021. Image: Zama Luthuli/TimesLIVE
Limpopo ANC treasurer Danny Msiza and former provincial ANC Youth League leader Kabelo Matsepe were released on bail on Friday in connection with the alleged plundering of VBS Mutual Bank.
They were among the latest suspects applying for bail at the Palm Ridge magistrate s court and face charges of racketeering, fraud, corruption, and money laundering. They were released on bail of R50,000 and R100,000.
The case is back in court on March 26 when they will join other accused in the matter to finalise pretrial management issues and get a high court date.