File: VBS. eNCA
JOHANNESBURG - Three people arrested and accused of theft and money laundering in the VBS Mutual Bank heist are expected to appear in court on Tuesday.
More heads are on the block for the #VBS Mutual Bank heist. Three people arrested and accused of theft and money laundering are appearing in court this morning. More details on #eNCA #DStv403 #SouthAfricanMorning pic.twitter.com/1wHweUmzn2— eNCA (@eNCA) June 29, 2021
They are all former officials of the West Rand District Municipality.
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More than R2bn was stolen from VBS, allegedly by its former chairperson, other board members and outside companies.
At least eight other people have been arrested in connection with the heist.