Business In The News South Africa

SA accountancy institute begins disciplinary hearings against former VBS chairperson, CEO

JOHANNESBURG, November 9  – The South African Institute of Chartered Accountants (SAICA) on Friday begins disciplinary action against two members implicated in the looting of VBS Mutual Bank. VBS Mutual Bank has all but virtually collapsed after its senior executives allegedly used it as a ponzi scheme to enrich themselves and their immediate associates at the […]