VBS Bank Saga | Relief at Matodzi's sentencing, but minority shareholders want their looted funds
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- čas přidán 8. 09. 2024
- There has been widespread relief following the sentencing of the chairperson of the now defunct VBS Mutual Bank.
Chartered accountant Tshifhiwa Matodzi was sentenced to 15 years imprisonment by the High Court in Johannesburg.
Matodzi - who has been described as the kingpin - pleaded guilty to charges relating to looting of about R2-billion from the bank. SABC News reporter Rendani Raliphaswa spoke to some minority shareholders in Louis Trichardt.
For more news, visit sabcnews.com and #SABCNews on all Social Media platforms.
Now we want to see action against Julius and Floyd. They must provide answers!
😂😂Iyooh!!
What a foolish narrative..
What did they do?
Everyone who was involved in that scandal was arrested long time ago..
Julius and Floyd are not amongst them..
Stop reading Newspapers and seek news Online 😅😅
Malema is slippery fish
There are 76 suspects in total and enough evidence has been collected.Only 33 of the 76 have been arrested thus far and its not over until all are behind bars.
I don't wanna say much for now but just keep your fingers crossed until its over and start saying whatever about whoever being not guilty because,maybe you might get disappointed to learn the truth.
@@PeterMashapa Matadozi has directly implicated them in his statement.
@ProcaviaCapensis-ts8ub there is no evident to everything that this person no one will get arrested because said they did crime there should be evident to that the enemy is behind tarnishing the name of the EFF. This is one of their strategies just implicate them and do not produce any evident.
Feel so sorry for these folks. Better to put your money with the big old banks.
Or under a couch😂
What that useless FICA for? Everytime we deposit our peanuts that bank teller will ask where we got the money and say it's for FICA. So FICA and SARS only track ordinary citizens....where's the paper trail for VBS? It took so long for what? Stuffing dollars in your couch and looting taxes is all not tracked.
Malema n Floyed Shivambo are in hot water watch the space
Nothing will happen to them.
You dont know media
Great to see justice working. It's about time.
Malema n Floyd are next
They won't
@@aarongunnz9513 Matadozi's statements directly implicates them.
Afrikaner boys we are coming for you 😂
I wish, but it won't happen.
Thanks
Now the ANC government is also taking money from people's retirement. ANC is no better. The government is not suppose to take tax from pension. But people keep on voting for them.
Relax, the multi party will expose them and that's why MK and EFF are fighting them, watch the space, many people will still go to jail, don't fight the DA because people make them bad they are about to expose many politicians 😂
@@johanpotgieter4818 It has always been, even in NP days, nothing new.
@@vicmarx-sl5xzwere bastars too
No wonder 😢 the EFF wanted the ministerial position 😳😳
The end of black owned bank. Nobody will trust another one opening.
this is the reason I will never invest anything in an African bank ... it's like throwing your life's savings away ... stupidity ...
Where is that money?
With Julius
Zuma, Julius,shivambu and his younger brother
Tied up in EFF restaurants and Malema's shoes and kids British education.
@@ChildofGod-g8f 1.9 billion rand, its got a much wider circle than that
@@vicmarx-sl5xz of course it has 🤭. Wouldn't it be interesting to know what the distribution list is?
Eff is just a circus, all are criminals. But always talking about ANC. You are the same as ANC
Has anyone seen Malema and Shivambu, i heard they running to Zim.
Has anyone seen your comment? I head that it is nonsense and it's going straight to the toilet
Nearly 2 billion rands was allegedly stolen by the EFF party leader Julius Malema and nearly 50 corrupt people benefited from that crime. It is hypocritical that the EFF leaders have been pointing fingers at president Cyril Ramaphosa for the same crime they are also guilty of committing.
The EFF laundered money to different companies, some which belonged to their family members and friends.
I wish! They are too shameless to run.
They are hiding
Matodzi must be held in a highly secure place, because the Mafias are coming for him.
That's for sure ...he needs to b kept very safe ... otherwise..
Will he be safe in prison or will he as the evidence be destroyed? Many high profile people are implicated
Mr matodsi definitely doesn't want to go down alone ...his naming n shaming accomplices...old people robbed of their hard earned money 😢
No wonder Malema was wearing R28000 shoes on Durban july2
Really looking forward to you all getting your back…
Lets see if the eff criminals called Julius and Floyd go to jail for stealing old people's money.
Maybe Malema and Floyd tried to extort other business's, like Clicks etc....
And then people really thought it was going uphill with all the fancy cars in the country. I knew all along, it was stolen money used.
WOW. 😮😮😮😮 Orange overall. 🎉
Money laundering Julius and Floyd
Super SAD