New proof ahead of the high court suggests that ANC Limpopo treasurer basic Danny Msiza presumably physically benefited through the wide-scale looting of VBS Mutual Bank, despite their denials

New proof ahead of the high court suggests that ANC Limpopo treasurer basic Danny Msiza presumably physically benefited through the wide-scale looting of VBS Mutual Bank, despite their denials

Msiza presumably received more he and his wife are directors, from a middleman who facilitated multimillion-rand unlawful deposits from municipalities into VBS, Kabelo Matsepe than r1.5m paid to a company of which.

Matsepe’s business Moshate, additionally presumably assisted in servicing a bond that is r9.5m provided to Msiza’s business for the Polokwane home under dubious circumstances by VBS.

Msiza had been identified in a explosive report by advocate Terry Motau, SC, en titled the truly amazing bank heist’ , as a kingpin whom facilitated through their governmental influence the ‘investments’ by Limpopo municipalities in VBS bank, totalling vast sums of rands. Read more