R730m Recovered from VBS Scandal
by Kelebogile Matlou Nearly R730 million has now been clawed back from the wreckage of VBS Mutual Bank, the South African Reserve Bank’s Prudential Authority (PA) said in its latest annual report. The amount, confirmed by VBS Mutual Bank liquidator Anoosh Rooplal, represents almost a third of the approximately R2.3 billion looted through fraud and…


