Court orders VBS Bank to be liquidated

This VBS scandal has once again highlighted WHY some political parties are so eager & desperate to nationalise SA banks. The banks would become the personal piggy banks of the corrupt & connected

A bank that was first established in 1982 closed down just like that scarce bailout scarce buyout nix just liquidate and retrench ppl who work for the bank will we ever win as blacks though?

It's so amazing how quick and desperate they want to get rid of vbs?something corrupt is on and it's so sad..

Those that want VBS to be saved they must jaunts take their money and use the bank and stop talking

Palpable decision👌

This because of Criminal In Chief, Fake King and Fraud.

Jah neh, kanjalo nje, VBS gone! Hopefully a new black bank with the same model with emerge & serve clean & better.

Can SAA be next?

Person who killed dis bank is Jacob zuma

What’s to liquidate?

Welcome to socialist south africa...i hope most the VBS victims are ANC supporters...you get what you vote for!

Julius_S_Malema blaming white monopoly capital in 3......2......1...👍

Lekker kry vir Julle....you got dooped by your own brothers and sisters

Why government is not bailing out VBS like SAA? R2bn is less than what they are bailing out SAA every 3 month. They everyone who looted.

Black Child , things might not be okay today but in time someday it will 🙇‍♂️🙏🙏🙏 . Aluta Continua✊✊ VBSMutualBank PresidencyZA CyrilRamaphosa MYANC

GADGVG intesresting times ahead....let's see what comes next post this 😉

Sit back and watch the outrage🙈

The first and the last black owned/managed/looted/destroyed bank in South Africa....next lady for a shave? What else is there to loot and destroy?

Proudly bought to you cadre deployment. When will MYANC finally stop stealing from the poor and vulnerable? Maybe never as they are all in it for themselves. No one joined the ANC to be poor.

Court didn't liquidate VBS but the so called Venda corrupt king and his bank robbers friends did.

VBS: Excellent news! Let the compromised ANC EFF & SACP froth at the mouth at the news that SATaxpayersMoney is not going to be used to prop up a bank that they looted to the point of bankruptcy!

Hope not to loot some more!!

Looking at breaking news on TV, R1.9B of the public money that was invested in the bank was looted by politicians. I just hope that these politicians face the full force of the law and if guilty suffer for their actions.

This is a big mistake.

EFF: Our work here is done!

Well done, this country's corruption has become so bad that banks are now being liquidated. Amazing how a bank cant be run without corruption but certain political parties believe they can run the country...

This cowntry is captured. Why weren't Steinhoff, African bank etc liquidated? Julius_S_Malema FloydShivambu

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