In the past years EFF suffered a stigma of being involved in VBS looting. This was championed by hired journalists with the sole intention of destroying the party by portraying it as a political party of criminals. Not even a single EFF leader has been charged or arrested for being involved in VBS looting. Here is the real story of VBS looting and people who looted the bank

Pretoria – The 14 individuals blamed for stealing from VBS Shared Bank will at last have to deal with in excess of 100 penalties for their supposed jobs in the heist, on October 12, in court.

The denounced incorporate Limpopo ANC financial officer Danny Msiza. They showed up momentarily under the watchful eye of the Gauteng High Court, Pretoria on Monday.

The matter had been moved from the Palm Edge Business Court, in Ekurhuleni, for pre-preliminary, however was deferred to October since a portion of the denounced had as of late changed lawful portrayal.

Msiza and previous VBS director Calvin Tshifhiwa Matodzi, and 12 others, including bank chiefs, lawmakers, civil authorities and administrators, were officially arraigned by the Public Indicting Authority (NPA) in Spring, for supposedly plundering almost R2.3 billion from generally needy individuals from the country regions, particularly around the bank’s central command in Thohoyandou, in Limpopo.

Around 14 districts, in Limpopo, North West and Gauteng, lost almost R1.6bn, after illicitly contributing with the bank.

The suspects denied the charges after advocate Terry Motau wrote a report ensnaring every one of them in 2019, with Msiza saying he was not given sufficient opportunity to answer the report.

As per the 206-page prosecution, the NPA claimed that Msiza was the focal figure among VBS and the regions that had unlawfully contributed monies, in negation of the Civil Money The executives Act.

Msiza, Matodzi, previous ANCYL Limpopo pioneer Kabelo Matsepe, Rallion Razinnane, Takunda Edgar Michele,Tshianeo Madadze, Andile Malusi, Ramavhunga Mulimisi, Solomon Maphosa, Simpho Malabar, Phalaphala Ramikosi, Thifhelimbilu Nesane, Paul Manila and Robert Madzonga are temporarily free from jail, of between R50 000 and R100 000 each, in the wake of being accused of the 180 counts, including racketeering and defilement.

Answering Pretoria News on why a portion of the blamed had supplanted their legitimate delegates, NPA representative Lumka Mahanjana could affirm the preliminary date.

She said: ” In order to ensure that the case is ready for trial, the judge instructed the accused to communicate with their legal representatives. It was deferred to October 12.”

Charlotte Ngobeni, of the Collins Chabane District, in Limpopo, has been charged independently for purportedly tolerating payoffs, after she approved utilizing R120 million of civil assets to be put resources into VBS.

Mushoni Tshifhango, from Thulamela District, additionally in Limpopo, was terminated by the ANC in June, for his job in the VBS adventure.

Previous VBS CFO Philip Truter is supposed to be a star observer when the preliminary beginnings, after he took a request deal and acknowledged a seven-year detainment sentence, in return for data.

The bank was set under curatorship by the Hold Bank, and a criminological examination was organized to lay out precisely exact thing turned out badly, and it is normal that more subtleties will be unveiled when the preliminary starts in October.

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