Two of seven VBS suspects post R100k bail

Seven suspects, accused of looting VBS Bank to the tune of more than R2-billion, have been released on R100,000 rand bail each. Courtesy #DStv403

JOHANNESBURG - The National Prosecuting Authority said only two of the seven individuals accused of looting VBS Mutual Bank to the tune of more than R2-billion managed to pay the R100,000 bail set.

READ: VBS accused granted bail of R100k

The court had set a deadline of 4pm on Thursday, failing which they would be detained again.

Investigating officers are yet to confirm if the remaining five were detained at the Midrand Police Station as the court had ordered.


Paid Content