New VBS report: Mboweni’s first test

Oct 10th, 2018 Tamryn Christians 22 Views

CAPE TOWN – DA shadow minister of co-operative governance and traditional affairs Kevin Mileham said on Wednesday that newly appointed Finance Minister, Tito Mboweni, needed to take swift actions action against all those implicated in the VBS Mutual Bank scandal.

Earlier this year the DA laid criminal charges against individuals who were allegedly involved in the VBS fraud, corruption and racketeering scandal.

The forensic investigation report, “VBS Mutual Bank – The Great Bank Heist”, released by the SA Reserve Bank on Wednesday, implied that there were even more people involved than originally thought. These include politicians and officials.