Hawks make more arrests in VBS Mutual Bank scandal
They include an MD of the bank responsible for retail; a former COO at the bank and CEO of Vele Investments, and an office bearer of a political party in Limpopo
The Hawks have made seven more arrests in connection with the collapse of VBS Mutual Bank, more than two years since the release of a report into the country’s biggest banking scandal.
The elite crime-fighting unit said on Thursday that the arrests were made in early morning raids at various places in Gauteng and Limpopo. ..