LISTEN! Hawks boss details charges against VBS Mutual Bank heist suspects, including KPMG auditor

Loading player...
The wheels of justice are turning and the rule of law will prevail. With these words National Director of Public Prosecutions, Advocate Shamila Batohi assured the public today that the tide against corruption was turning as the National Head of the Directorate of Priority Crime Investigations, Lieutenant-general Godfrey Lebeya, announced that they have made high profile arrests linked to the great VBS Mutual bank 'heist'. The development comes after over R2bn of hard-earned savings were allegedly stolen from pensioners and stokvels in Limpopo. Listen to Lebeya setting out the details of the case after arresting four people and Batohi, who says she shares the public's impatience for justice and describes the arrests as a key milestone in the nation's fight against corruption. - Linda van Tilburgh Learn more about your ad choices. Visit megaphone.fm/adchoices
17 Jun 2020 8AM English South Africa Investing · Business News

Other recent episodes

BNC#8; John Endres Q&A - Jobs, politics and the investment freeze no one wants to admit

South Africa’s future hinges on one simple truth: jobs come from growth, and growth comes from political choices. This sharp discussion unpacks how policy, ideology, and global alignment are choking investment and costing livelihoods. Inside the ANC, paralysis, fear, and patronage block reform - despite clear evidence of what works…
10 Apr 9AM 32 min

Roy Tilley: The municipal "Rates Randage Monster" strangling South Africa's property owners

Durban businessman Roy Tilley says a deeply flawed municipal rates formula is pushing property owners and small businesses toward a financial breaking point. In this interview, the Queensmead industrial property owner explains why he believes ever-rising rates are becoming impossible to absorb, hurting tenants, jobs and investment, and argues that…
10 Apr 9AM 20 min

BNC#8: Magnus Heystek Q&A - The brutal truth about South Africa’s financial future

A sharp, no-holds-barred conversation on South Africa’s financial reality - rising offshore limits, shrinking property values, and the struggle for economic revival. From Johannesburg’s decline to gold’s surge, and investor psychology to policy failures, this discussion cuts through the noise. It’s a candid look at risk, resilience, and the tough…
10 Apr 6AM 34 min