The VBS Mutual Bank scandal: unveiling years of fraud
By Lee-Yandra Paulsen The Venda Building Society (VBS) Mutual Bank scandal continues to dominate headlines, with recent revelations bringing renewed scrutiny to the case. Tshifhiwa Matodzi, former chairperson of the now-defunct VBS Mutual Bank, has confessed to channelling funds through his family, adding new layers to the saga of corruption and fraud that has gripped South Africa. According to reports, Matodzi was the chairperson of VBS Mutual Bank, which collapsed […]