An estimated R2-billion is believed to have been stolen from VBS' coffers in the past few years.says the Reserve Bank has blocked funds transferred to the now liquidated bank, hampering the recapitalisation plan.The minority shareholders held a media briefing at Thohoyandou in Limpopo on Friday to provide an update in the saga.
The forum says those who fail to comply must be prosecuted because they will be deemed to have stolen money.
Nous avons résumé cette actualité afin que vous puissiez la lire rapidement. Si l'actualité vous intéresse, vous pouvez lire le texte intégral ici. Lire la suite:
What recapitalization plan is there for a Bank that has already being placed under curatorship by SARB? VBSMutualBank
Belgique Dernières Nouvelles, Belgique Actualités
Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.
Total of R1.8 bln looted from VBS: Deputy Governor - SABC News - Breaking news, special reports, world, business, sport coverage of all South African current events. Africa's news leader.The Deputy Governor of the Reserve Bank has confirmed that a total of R1.8 billion was looted from the now liquidated VBS Bank. So when will vulnerable people get their money back? EFFSouthAfrica FloydShivambu PresJGZuma MYANC look what has been done to the poor people's hard earned money. VBS When will prosecution starts?
La source: SABC News Online - 🏆 32. / 51 Lire la suite »
In Business: AngloGold’s mining rights under threat, battle to stop copyright bill, VBS claims more victimsIn City_Press Business today: AngloGold Ashanti threatened with loss of its local mining rights by department of mineral resources; VBS Mutual Bank claims another victim as an insurance group destroyed by its exposure to the bank is going into liquidation CORRECTION:My Complaint to the PUBLIC PROTECTOR is NOT against AGA but against the DMR for having what I would call a CORRUPT RELATIONSHIP with AGA by failing to DIRECT AGA to COMPLY with the CONDITIONS of its MINING RIGHTS by DIRECTING AGA to PAYBACK over R500m to MINEWORKERS.
La source: City_Press - 🏆 7. / 72 Lire la suite »