‘Political meddling could collapse VBS case’

South Africa News News

‘Political meddling could collapse VBS case’
South Africa Latest News,South Africa Headlines
  • 📰 IOL
  • ⏱ Reading Time:
  • 64 sec. here
  • 3 min. at publisher
  • 📊 Quality Score:
  • News: 29%
  • Publisher: 51%

‘Political meddling could collapse VBS case’ Sources say investigators have been put under pressure to implicate some politicians in the VBS heist case.

Johannesburg - The case against the alleged looters of the Venda Building Society Mutual Bank could collapse due to alleged political meddling and the attempt to use it to settle scores. This is according to sources close to the investigation, who this week warned against the politicisation of the trial and the timing of the arrests - two years after the investigation was concluded.

While the investigation was concluded in 2018, they added, the arrests were delayed as “some people were hoping that something would fall from the sky to directly implicate the big fish in the matter". “It is evident that some of the money looted from VBS found its way into some of the politicians’ pockets and bankrolled their lifestyles, but whether or not these politicians are criminals themselves is a bone of contention.”“If there is anyone with any information which indicates that there was any political meddling in this investigation, they must bring it to the fore and report it to the relevant authorities, like the Public Protector and others.

“The leadership of the EFF reaffirms its statements and articulations that despite the many factional and politically influenced allegations against its leadership, there is no wrongdoing or criminal activity committed by its leaders. Senior politicians from the ANC, the SACP and the EFF, as well as mayors and municipal employees, were implicated in the VBS report, compiled by advocate Terry Motau, as some of the beneficiaries.

Another highly placed source close to the investigation said a high-level meeting has been scheduled for the next two weeks to strategies on how to proceed.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

IOL /  🏆 46. in ZA

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.

VBS Bank saga: Two of seven suspects pay R100K bailVBS Bank saga: Two of seven suspects pay R100K bailVBS Bank saga: Two of seven suspects pays R100K bail
Read more »

Auditors’ body says it will continue probe into three VBS suspectsAuditors’ body says it will continue probe into three VBS suspectsAgulhas said it was not necessary for the IRBA to pause its investigation amid the arrest of eight people accused of looting the bank.
Read more »

Two of seven VBS accused have managed to pay bailVBS Mutual Bank’s CEO, and a board member and former CFO of the SA Police Service, have paid the R100,000 bail set by the court
Read more »

NEWS ANALYSIS: EFF sinks to new low with ‘shocking attack’ on judgeThe party’s descent from constitutional champions to political point scorers shows its desperation to frustrate charges against it on VBS looting
Read more »

Two of seven VBS accused have managed to pay bailVBS Mutual Bank’s CEO, and a board member and former CFO of the SA Police Service, have paid the R100,000 bail set by the court
Read more »



Render Time: 2025-02-28 22:18:46