Another seven people have been arrested for the alleged looting and collapse of the VBS Mutual Bank. They will appear in the Specialised Commercial Crimes Court sitting in the Palm Ridge Magistrate's Court in Gauteng on Friday. The suspects arrested yesterday include senior bank managers, a political party official as well as an employee of the new Collins Chabane municipality.
For more on this story is Madambi Muvhulawa, the chairperson of the VBS Beneficiaries Forum.
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