DStv Channel 403 Thursday, 12 December 2024

Discussion | VBS Bank Heist | Will victims ever get their money back?

THOHOYANDOU, PLK - The looting of VBS bank remains in the spotlight. 

Justice Minister Thembi Simelane is the latest to be embroiled in the saga, after it emerged that she took out a loan from Gundo Wealth Solutions.

READ: VBS Bank Heist | DA calls for Simelane to step aside

This is a company that solicited deposits from municipalities on behalf of VBS Bank.

Simelane was Mayor of Polokwane at the time.

Aubrey Mulaudzi has been directly affected by the collapse of VBS and he spoke to eNCA. 

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