Former VBS CFO, Phillip Truter The eighth suspect in the VBS saga, senior executive Phillip Truter has appeared in the Palm Ridge Magistrate's Court.He was in quarantine when the seven co-accused were arrested weeks back and granted R100 000 bail each.He was granted bail of R50 000 and will be admitted to a mental health…
Seven men accused of defrauding VBS Mutual Bank appeared in the Palm Ridge Regional Court. Hawks and National Prosecuting Authority say more people will be arrested soon in connection with the looting of VBS Mutual.The Hawks say municipalities, companies, directors of companies and some influential people will be brought in.Seven men, including VBS board members,…
Seven men accused of defrauding VBS Mutual Bank appeared in the Palm Ridge Regional Court on 18 June 2020. Seven men accused of stealing R2.2 billion from VBS Mutual Bank, in one of the country's most widely publicised looting scandals, have each been granted R100 000 bail.They appeared in the Palm Ridge Regional Court on…
Seven men accused of defrauding VBS Mutual Bank appeared in the Palm Ridge Regional Court on 18 June 2020. Seven accused appeared in court for the alleged looting of VBS Mutual Bank and pleaded not guilty to multiple charges.An eighth accused is in quarantine due to Covid-19.The public gallery was packed to capacity during the…
Not for the fainthearted: Drawing on contracts and banking data we make public for the first time, we analyse in detail how Transnet locomotive suppliers pledged R9 billion in kickbacks to the Guptas, of which at least R3.7 billion has been paid.The Guptas' pillage of Transnet in cahoots with CRRC, the Beijing-based rail conglomerate, spanned…
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Your bones could be silently thinning for years before you ever fall and break one in midlife or older age—a fate that strikes up to half of women over 50, double the number of men. At the moment of a fracture, you might not even know you’d developed low bone density, as testing doesn’t usually
States are paying contractors such as Deloitte, Accenture, and Optum millions of dollars to help them comply with the One Big Beautiful Bill Act — a law that will strip safety-net health and food benefits from millions. State governments rely on such companies to design and operate computer systems that assess whether low-income people qualify