VBS liquidators sue Brian Shivambu and his company for R4.2m

Nederland Nieuws Nieuws

VBS liquidators sue Brian Shivambu and his company for R4.2m
Nederland Laatste Nieuws,Nederland Headlines

In papers before the high court, SizweNtsalubaGobodo Grant Thornton asks for Sgameka Projects to be placed under liquidation over its alleged breach of a contract

VBS Mutual Bank in Thohoyandou, Limpopo. Picture: ANTONIO MUCHAVE/SOWETAN

Rooplal told Sunday Times two applications had been made — one against Shivambu and the other against his company — to recoup some of the millions lost by VBS. In 2018, Daily Maverick reported that Shivambu used a R1.46m loan to Sgameka to buy a house in Witpoortjie, on Gauteng’s West Rand, for his parents.

 

Will anything come of it? 🤔🤔🤔🥴

Ha ha . The wheel does turn ?

And the other missing +/- R2Billion 😱

Nederland Laatste Nieuws, Nederland Headlines



Render Time: 2025-01-10 20:22:32