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Limpopo municipal manager's VBS case postponed


Limpopo municipal manager s VBS case postponed
06 May 2021 - 14:38
Image: Zama Luthuli
The VBS Mutual Bank case involving a Collins Chabane municipal manager, Tsakani Ngobeni, has been postponed to July 29 for further investigations.
Ngobeni appeared briefly before the Palm Ridge Specialised Commercial Crimes Court on Thursday.
She was previously released on R50,000 bail after being charged with corruption and the contravention of the Municipal Finance Management Act (MFMA).
She is accused of having deposited R120m of the municipality s funds, in violation of the MFMA and the Collins Chabane municipal policy, which dictate that municipal deposits be restricted to banks that are registered in terms of the Banks Act, which VBS was not. ....

Tsakani Ngobeni , Collins Chabane , Palm Ridge Specialised Commercial Crimes Court On , Mutual Bank , Palm Ridge Specialised Commercial Crimes Court , Municipal Finance Management Act , Banks Act , பனை ரிட்ஜ் சிறப்பு வணிகரீதியானது குற்றங்கள் நீதிமன்றம் ஆன் , பரஸ்பர வங்கி , பனை ரிட்ஜ் சிறப்பு வணிகரீதியானது குற்றங்கள் நீதிமன்றம் , நகராட்சி நிதி மேலாண்மை நாடகம் , வங்கிகள் நாடகம் ,

Limpopo municipality manager's VBS case postponed


Limpopo municipality manager s VBS case postponed
Limpopo municipality manager Tsakani Ngobeni s case has been postponed to July 29.
Image: Zama Luthuli
The VBS Mutual Bank case involving a Collins Chabane municipality manager, Tsakani Ngobeni, has been postponed to July 29 for further investigations.
Ngobeni appeared briefly before the Palm Ridge Specialised Commercial Crimes Court on Thursday.
She was previously released on R50,000 bail after being charged with corruption and the contravention of the Municipal Finance Management Act (MFMA).
She is accused of having deposited R120m of the municipality s funds, in violation of the MFMA and the Collins Chabane municipal policy, which dictate that municipal deposits be restricted to banks that are registered in terms of the Banks Act, which VBS was not. ....

Tsakani Ngobeni , Collins Chabane , Palm Ridge Specialised Commercial Crimes Court On , Mutual Bank , Palm Ridge Specialised Commercial Crimes Court , Municipal Finance Management Act , Banks Act , பனை ரிட்ஜ் சிறப்பு வணிகரீதியானது குற்றங்கள் நீதிமன்றம் ஆன் , பரஸ்பர வங்கி , பனை ரிட்ஜ் சிறப்பு வணிகரீதியானது குற்றங்கள் நீதிமன்றம் , நகராட்சி நிதி மேலாண்மை நாடகம் , வங்கிகள் நாடகம் ,