Go & Express

Vbs Bank

Latest news & developments
The Supreme Court of Appeal dismissed a desperate attempt by former VBS chief executive Andile Ramavhunga and his wife, Zanele, to hang on to their assets. Image: BusinessLIVE
ANDILE RAMAVHUNGA

VBS former boss loses another court bid to save his assets

The Supreme Court of Appeal (SCA) has dismissed an application by former VBS Bank chief executive Andile Ramavhunga and his wife, Zanele, who wanted leave to appeal a sequestration order. This week the SCA dismissed the Ramavhunga’s…

  • SowetanLIVE
The VBS Mutual Bank accused during their first appearance in the Palm Ridge magistrate’s court a few weeks ago.Image: ALON SKUY
COURT

Former VBS Bank CFO Phillip Truter says he’ll plead guilty

The former CFO of VBS Mutual Bank, Phillip Truter, on Monday morning indicated he intended to plead guilty to the charges he faces. National Prosecuting Authority (NPA) spokesperson Sipho Ngwema said Truter, the eighth suspect arrested in…

  • TimesLIVE