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WATCH | VBS saga: Newly arrested released on bail, including 2 ANC bigwigs


13 March 2021 - 19:20
The VBS Mutual Bank scandal saw seven more arrests by the Hawks, including two ANC bigwigs.
Danny Msiza, the ANC treasurer in Limpopo, together with the former ANC Youth League provincial leader Kabelo Matsepe, were among those in court on Friday.
The pair were issued with warrants of arrest on Thursday. They decided to hand themselves over to authorities shortly after.
The court saw two separate appearances, with Charlotte Ngobeni, the municipal manager of Collins Chabane municipality, appearing before the seven others.
Those appearing before the court are facing corruption, fraud, theft and money laundering charges.
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Limpopo ANC treasurer and former youth league leader in court over VBS scandal


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. ....

Takunda Mucheke , Kabelo Matsepe , Danny Msiza , Robert Madzonga , Ralliom Razwinane , Tshinaeo Madadhze , Youth League , Mutual Bank , Palm Ridge , Vele Investments , Rolls Royce Phantom , Vbs Mutual Bank , Philip Truter , இளைஞர்கள் லீக் , பரஸ்பர வங்கி , பனை ரிட்ஜ் , வேலெ முதலீடுகள் , சுருள்கள் ராய்ஸ் பாண்டம் , வ்ப்ச் பரஸ்பர வங்கி ,

VBS Mutual Bank theft, fraud and corruption case ready to go to trial


VBS Mutual Bank theft, fraud and corruption case ready to go to trial - NPA
Eight more people were granted bail ranging from R50,000 to R100,000 by the Palm Ridge Regional Court on Friday.
ANC treasurer in Limpopo Danny Msiza, businessman and former ANC Youth League member Kabelo Matsepe and five others appeared in the Palm Ridge Magistrates Court on 12 March 2021 for their alleged role in the looting of VBS funds. Picture: Boikhutso Ntsoko/Eyewitness News.
24 days ago
JOHANNESBURG - The National Prosecuting Authority (NPA) said that its case against all those charged with looting the VBS Mutual Bank was ready to go to trial. ....

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