Findings made against the ANC’s Limpopo treasurer Danny Msiza in Terry Motau's 'Great Bank Heist' report were set aside on Wednesday.
, Motau described how he had heard evidence that deposits that municipalities made to VBS attracted commission payments to individuals who solicited the deposits, and that Msiza was called the “kingpin” of the commission agent scheme. He said it was"clear that Msiza intervened on numerous occasions when his political influence was required".
In her judgment, Tlhapi recounted how Msiza, also a prominent businessman, told the court that, as a result of the Motau report, he had a"reasonable apprehension of the prospect of financial ruin and loss of confidence by financiers and potential business partners if the adverse remarks/findings were not expunged".
In coming to her conclusion, the judge had to decide whether, even though Motau’s process was only an investigation, Msiza nonetheless had a right to be heard. What mattered, she said, was whether a person’s rights would be affected.
South Africa Latest News, South Africa Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Court rules VBS report findings against ANC's Daniel Msiza unconstitutionalThe court has declared that the findings made by Motau against Msiza were prejudicial and unconstitutional.
Read more »
Court sets aside parts of VBS report and clears ANC Limpopo treasurer Msiza | CitypressThe credibility of Advocate Terry Motau’s VBS Mutual Bank investigative report took a knock on Tuesday when the Pretoria High Court reviewed and set aside the adverse findings against suspended ANC Limpopo treasurer Danny Msiza.
Read more »
Msiza wins court bid to have parts of VBS report set asideThe High Court in Pretoria ordered that the adverse findings, remarks and conclusions made against Danny Msiza in five paragraphs be set aside.
Read more »
Danny Msiza successfully challenges VBS reportANC Limpopo heavyweight Danny Msiza has successfully challenged the VBS Mutual Bank report which pointed at him as a mastermind of looting that took place at the bank.
Read more »
Merafong municipality mayor mum on her future amid calls for her resignation over VBS investmentsMaphefo Mogale-Letsie remains tight-lipped about her future in the Merafong council following the Gauteng ANC’s call for her to step down over her alleged failure to act against officials who invested municipal funds in VBS Mutual Bank.
Read more »
Court rules VBS report findings against ANC's Daniel Msiza unconstitutionalThe court has declared that the findings made by Motau against Msiza were prejudicial and unconstitutional.
Read more »