Cape Town - The Palm Ridge Magistrate’s Court has granted bail to seven people who were arrested in connection with the alleged looting of the VBS Mutual Bank.
Former ANC Youth League provincial leader Kabelo Matsepe, ex-VBS Chief Operating Officer and former Vele Investments CEO Robert Madzonga, ex-VBS managing director for retail Solomon Maposa, Rallion Razwinane, Tshianeo Madedzhe and Takenda Macheke appeared in court on Friday and were released on bail.
In the indictment the State has alleged that Msiza, Matsepe and two other people solicited bribes for municipalities to deposit their money into VBS.
Bail bail bail bail nee fok
So what happened to the EFF leaders who we were told by Pauly that they have collapsed the VBS
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