WATCH: How disgraced Tshifhiwa Matodzi funnelled VBS funds via family
Business Day TV speaks to Sunday Times journalist Phathu Luvhengo
15 July 2024 - 19:02
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Tshifhiwa Matodzi, former chair of VBS Mutual Bank. Picture: MDUDUZI NDZING
Former board chair of the now defunct VBS Mutual Bank, Tshifhiwa Matodzi, has confessed to using his family to channel funds and receive irregular benefits for self-enrichment. He filed the confession at the Pretoria high court as part of a plea deal with the prosecution that saw him receive an effective 15-year jail sentence. Sunday Times journalist Phathu Luvhengo spoke to Business Day TV about the story.
Support our award-winning journalism. The Premium package (digital only) is R30 for the first month and thereafter you pay R129 p/m now ad-free for all subscribers.
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WATCH: How disgraced Tshifhiwa Matodzi funnelled VBS funds via family
Business Day TV speaks to Sunday Times journalist Phathu Luvhengo
Former board chair of the now defunct VBS Mutual Bank, Tshifhiwa Matodzi, has confessed to using his family to channel funds and receive irregular benefits for self-enrichment. He filed the confession at the Pretoria high court as part of a plea deal with the prosecution that saw him receive an effective 15-year jail sentence. Sunday Times journalist Phathu Luvhengo spoke to Business Day TV about the story.
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