VBS heist heavily impacting Limpopo residents

File: "The Great Bank Heist" report into the failure of VBS Mutual bank said over R1,8-billion was stolen over three years by 53 individuals, including executives and politicians.

File: "The Great Bank Heist" report into the failure of VBS Mutual bank said over R1,8-billion was stolen over three years by 53 individuals, including executives and politicians.

eNCA

JOHANNESBURG - The VBS Mutual Bank scandal is heavily affecting residents in Limpopo.

The Fetakgomo Greater Tubatse Municipality in the town of Burgersfort has come under scrutiny for investing around R245-million in VBS Mutual Bank.

WATCH: Former VBS Bank CEO denies wrongdoing

That's even though municipalities were forbidden from doing so.

WATCH: Former VBS employee details corruption at the bank

Residents are now accusing Fetakgomo of poor service delivery despite election promises.

eNCA co-anchor Cathy Mohlahlana is in Burgersfort to discuss more on this story.