Business In The News South Africa

SA Civic organisation commends VBS fraud exposure and calls for expansion of probe

CAPE TOWN, July 9 – The South African National Civic Organisation (Sanco) on Monday commended VBS Mutual Bank curator Anoosh Rooplal for exposing “massive fraud” allegedly committed by directors of the institution, as well as its majority owner Vele Investments. VBS Bank has come under inspection after it was revealed that the bank was allegedly […]