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CW: swoop on corrupt officials in VBS scandal to be applauded

The second wave of arrests of individuals involved in the looting of VBS Mutual Bank, this time focused on municipal officials, represents an important step towards holding accountable those responsible for one of the most blatant abuses of resources intended for the provision of basic services. The first arrest in this second phase took place Read more >

Set the Apartheid Secrets Free!

We, the undersigned organisations and individuals committed to justice for historical crimes and social justice in South Africa write in support of the South African History Archive. On Tuesday, 03 March 2020 it faces the next round in an epic battle against the South African Reserve Bank in the Bloemfontein Supreme Court of Appeal. This Read more >

VBS Bank scandal revealed in explosive report

It started off as a small, wholly black-owned specialist corporate finance and retail bank, established in 1982. Today it is at the centre of what financial analyst Stuart Theobald, speaking this morning on the Classic Business Breakfast show, called “the most shocking example of bank fraud in South Africa’s history”. The Venda Building Society, now Read more >