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VBS Bank | Former chairperson details how money was used: OUTA CEO, Wayne Duvenhage weighs in
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- čas přidán 3. 08. 2024
- The pre-trial hearing of the defunct VBS Mutual Bank matter will start on July 22 in the North Gauteng High Court in Pretoria.
This comes after the court sentenced former VBS chairperson Tshifhiwa Matodzi to 15 years in prison for multiple counts of racketeering, theft, fraud and money laundering.
For more on this, we are joined by Organisation Undoing Tax Abuse CEO - Wayne Duvenage.
For more news, visit sabcnews.com and #SABCNews on all Social Media platforms.
The EFF is seriously genuine with their mission to expropriate banks without compensation😂😂😂.
Heist refund
They take everything without compesation😂😂😂😂😂
We need to see all of them arrested our old mother and fathers are in poverty now
so says a racist who hates black people and I wonder have you ever spent an hour in any township.
They will never be arrested...sorry
They can't arrest without hard evidence, the versionmof the affidavit is yet to be tested therefore it is not evidence. NPA has been investigating this for years now. If they had anything on malema he would be arrested.
@@mmeme5861 we need to do something about this enough is enough.
I agree. Old people robbed😢
EFF / ANC Bank Heist, revolutionaries and freedom fighters turned bank robbers😂😂😂
just like Markus Jooste.
@@user-fh3oc5ij3sdoesnt make any of them right does it?wake up man😊
@@user-fh3oc5ij3s Markus Jooste is no more. He paid the ultimate price for what he did. It was his own choice to end it all.
😂😂😂
@@user-fh3oc5ij3s Markus Jooste is dead wena. He paid in blood. Your father malema said zuma must pay back the money, now it's his turn to pay back tthe money.
EFF supporters are now in denial......
And will be forever more.😊
If Julius is guilty then he has no shame. Wearing R28000 pair of shoes to the Durban July… ag he doesn’t even have to be guilty … just utterly vulgar!
And a watch worth R1million!!!
Let them be arrested politics or not all looters black and white, chairman will never right an avidavit that is not true,he knows who was involved let he be state witness, his sentence will b shared or cut for them.please NPA
Malema is having a baber buck he is making a lot of noise, while the other side he is fraudster, truth will prevail one day
Yet you vote for him
@@Selwyn-c1i huh! Did you not get the sarcasm. Id not vote for cuntilal in a million years
Pay back the money!!!!
How will they pay it back?
@@Buliboy100 didn't 👀 the money mybe your balance ‐oo
That was Julius Malema's mantra for Zuma😂😂😂😂😂😂....pay back da money😂😂😂😂😂😂
@@DanieKochexpropriate whatever they have
Calling Ian Cameron, come in come in Cameron can you hear me😂
Eff pay back the money. Poor old people now suffering. While you live the life of a millionner' Shame on you Julia's '😮
😢 will never happen,they are protected by the courts, judges are bought, what about ramaphosa
Pay back what, do you read or you just ignorant, let's also talk about bank manipulation
Our future is in the hands of civic organizations like Outa, Freedom Under Law and many other similar organisations. 👊👊👊
who is "our",please mr garden boy next time be specific and says we garden boys or tea girls our future is with our baas.
Sanco was supposed to do that but greed over power their duties. Thinks to this organizations
@@CheckyJemina-sv8sy only racists can thank racists.
@@user-fh3oc5ij3syour inferiority complex is just annoying . . . msunu ka nyoko!
@@user-fh3oc5ij3syour obsession with race is not going to take us anywhere😂😂😂 msunu😂😂😂
where is NPA we want to see justice malema and shivambu
See them doing what clown
@@sabathamngadi9900 went to see phala phala ntate TR17
😢 court's are bought,same a police,no one will be prosecuted ⭐⭐ look at Ramaphosa with Phala Phala story
Love how this story is gathering momentum 😊
Phala Phala story Ramaphosa still not in jail 😂
NOW JULIUS AND FLOYD MUST SWAP RED OVERHAULS FOR ORANGE ONES
Ahhh so the shoes were paid by VBS.
no from steinhoff.
As well as expensive watches, etc. while the poor who voted for them remain poor.
Yebo yes😂😂😂😂
@@user-fh3oc5ij3sI 'm with you 100% on this one.I value your broadmindedness and critical thinking.
so the truth is being revealed
Were is Malema and MkP no sign of them just after sabotage South Africa completely
Is the Eff referring to this by saying they are standing for the poor?
😂😂😂😂😂😂
All he does for the poor is to steal from them
the eff must watch this space
This is the same point made in the deal made with Brian Shivambu.. now we know why that deal was hidden from the public.. now the EFF must SUPER SPIN this story and the NPA must continue their diligent efforts and prosecute them all.. SARS must also now do their part and review the deal made with Brian Shivambu... suddenly winter is not so cold and wet...
all the big mouth's@ Maleme Floyd. our speaker. glug glug glug
People are caught with their Pants down...😅
Floyd sold out his own brother
His Bro got paid R245 000.
@@user-wq4tu7zh9mwow. Wonder if he thinks that money was worth it. For sure they'll find something to charge him with as well. That money won't even buy a car in today's market.😊
Start with JULIUS AND FLOYD
Yes start with CIC and deputy, no bail ,flight risk,connections in zimbabwe, orange overalls 😂😂😂😂😂😂😂
@@Sillymawena😂
And EFF wants to nationalise banks.😂
😂😂😂
😂😂😅
There are different kinds of evidence but the one with probative value is material evidence, which implicates Malema and Shibambu, that they are corrupt it is given what is shocking is failure by the NPA to arrest these criminals.
All are bought, court's judge's police are bought
The only way to prove these allegations is to follow the money trail and then see if that was legal.
Everyone when they are in court they say not guilty even though they are take them to court to prove themselves that they are not guilty Zweli Mkhize is also implied wow when it rains it pours im telling you 🤣🤣🤣
NPA needs to know that longer it takes to jail these rogues ...poor suffer ...dont hide stuff from citizens
VBS also had shareholding in SME Bank in Namibia. The same bank was looted and subsequently shut down. No accountability and justice for custmers!!
These politicians definetely are not small time crooks. There probably is a lot more to get unravelled.
Will they pay those money back
No more cover up.we want Transparancy. even the NPA can't be trusted😢😢😮😮
Thy are bought
The heat is on 🔥
Lucky its after elections 'otherwise floyd and malema would say white monoply capitalists 'spreading lies😂😂😂
The Reserve bank has been sleeping on the job together with the treasury, funny enough we keep being told these are the functioning departments
John 10:10
So the one guy got 15 years , not a slap on the wrist , I sense fun in the months ahead , not forgetting JZ731 :-)
Yes and mlungu got only 7 and the blak 15 for the same charges
The old black people must stop voted them eff and anc mkp
Please sieze thier account and pay back the money 💰 🤑 💸 🙏to the treasury thats why they want borders open
My question is this Why are people acting with surprise at the implication of the EFF duo Malema and Floyd The time is near for there prison prison uniform These two and more are thieves So no more talk Charge them
Why this information came out after the sentence
Expropriation Financial Fiefdom
so funny racist morons like you are just delusionalists,as long as there are Black people in this country there is EFF and no amount of racists like you will touch EFF.
😂😂😂😂😂
EFF = EVERYTHING FOR FREE.😊
@@lynnetheron stolen land,thanks to EFF WE NEED IT BACK OR ELSE
@@lynnetheron😂😅😊
This npa called this document leaked and no intention to have it knowing publicly,Thay just show how intelligent they are no wonder these thieves is getting away all the time.
Even the NPA can't be trusted😮😮
Probably coz they wanted to pounce when they had all the evidence.
Comander of chief has the rights to steal and keep quiet . because nobody knows😅😅😅
We are in the animal farm chapter now but now being done by our leaders who tells us what we must do in politics,but having they fingers in a jar 😂😂😂😂
justice will never prevail with a corrupt or selective NPA
The rule of law must be applied before we find people guilty. NPA should clarify if people are still being investigated or not. But discussing a leaked affidavit that is yet to be tested and pronouncing guilt is just stupid.
Ezjnye nje izjnti azindingi sikolo zindinga wisdom... Uncle umvemiqanga uthixo wkkhokho bethe siyajubiza.... Vuka mntomnyama #EFF ✊
But who teaches you wisdom if you don't go to school. If you're talking about life experience and wisdom, some only reach that goal in their twilight years.
Ramaphosa did prepare himself for Malema this turm 😂no more red overall orange Orange ones now 😂😂
DA received a donation from corrupt Guptaz, EFF received a donation from corrupt Matodzi/VBS.
SACP had it's hotel conference bill paid by VBS Matodzi.
Now, why are DA and SACP neglected.
If getting a donation from a corrupt person means you are corrupt then DA and SACP must answer the scrutiny with no selections.
How long is this going to take 20 years ?
Mphopho will be rubbing his hands at the potential billions in his account.
Julle maak my lag.Kyk wat aan gaan as die Baas vegstap om te sien wat aan gaan in die Kakhuis.
Will they ever be attested, noooo i dont think so😮
I’m proud of Matodzi for being brave enough to go to jail for his crimes unlike the Stellenbosch muppet who killer himself instead of facing the music he created.
True
Efg &mk😮😮😮 face the music 😮😮
Devil's don't want to relise black people ... Nkosi sikelela iafrika... Hozaa Moya oyingcwe hozaaaa....##EFF ✊
If you bother to read the comments then you realise that it is axactly as this guy say its going to be ....Bullshit flying around left right and center while no one tell these Domkoppe how to spend their money !!!!
May we talk about Phalaphala
No, because we're all talking about VBS who stole money, mainly from poor, hard-working black folks. The Phala Phala money was in foreign currency - US $ that wasn't stolen from VBS. 😊
That is sooo stupid. THE FACT HERE IS THAT OLD SOULS HAD THEIR LIFES SAVINGS STOLEN. MALEMA SHIVAMBO ETC STOLE FROM THESE POOR GOGOS.
Where is steinhoff
Errr.... dead?
This is such a hoax lol
This is rediculous! Clarify the position of the White Man talking
????😊
What about Steinhof?
Stop trying to divert to the issue at hand and by the way the main culprit of Steinhoff Heist commited suicide by shooting himself in the head
Maybe eff looters can take the same course as markus
@@ettienevandeventer2838 if the apartheid beneficiaries in the DA and VF+ could follow course too that would be tremendous
That is not the matter under discussion.
Useless report…nothing new here. He has proofs and docs? Then produce them. Malema has nothing to do with vbs and this people know it.
I DON'T CARE ABOUT VBS MY BLOOD IS RED ❤FORWARD EFF
So you're okay with your leaders stealing for the poor and elderly?
No wonder. You're the perfect representation of the quality of EFF supporters. Morally bankrupt, dimwitted and evil thugs.
Everyone's blood is red bro
Where's the ONE school promised five years ago?
That's your problem, stealing from the poor no regrets remorse and don't care about other people mentally f#cked
And mant many poor blacks lost it all due to vbs, eff
Everyone talks about R1 000 000 per month payment bot no-one talks about how many months did they receive payment. So we don't know the TOTAL and whether payment is still going on. Let's have some transparency from the.new. G.N.U.