Venda king to pay back R17m from VBS as he fights to keep his crown

  • 📰 TheCitizen_News
  • ⏱ Reading Time:
  • 19 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 11%
  • Publisher: 75%

Law Law Headlines News

Law Law Latest News,Law Law Headlines

The royal family spokesperson says they are not satisfied with the appeal court's findings as they do not correspond with tradition and customs.

King Thovhele Toni Mphephu Ramabulana in September 2012 in Venda, South Africa. Picture: Gallo Images / Sowetan / Elijar Mushiana

Ramabulana, along with 53 shareholders, businesspeople, politicians and traditional leaders are accused of having wrongly benefited from the liquidated VBS Bank. Speaking to The Citizen yesterday, the king’s spokesperson, Makonde Mathivha, said: “The king has never reneged on paying back the money. He has been prepared to pay all the money as stated in the report.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Ill-gotten gains

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 6. in LAW

Law Law Latest News, Law Law Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Appeal court sets aside Zuma’s decision that made VBS-linked man Venda kingThose in favour of the 'rightful heir' Masindi have been celebrating her victory. He must pay VBS Bank money&go to jail. I knew it Kingship determined by courts 😖...post colonial madness this
Source: TheCitizen_News - 🏆 6. / 75 Read more »

Venda king's appointment unconstitutional, court rulesThis follows Princess Masindi Mphephu's court challenge against her uncle.
Source: eNCA - 🏆 49. / 51 Read more »

Venda king's appointment unconstitutional, court rulesThe Supreme Court of Appeal sets aside former president Jacob Zuma's appointment of the acting Venda king. This case will take time to be concluded. Far from over I never recognized him as a king of Venda, the land of Venda belong to Vhangona tribe and is well documented in our history and we are many, all surname started with 'Ne', are the aboriginal citizen of Venda, our villages names after our surnames' 🤣🤣🤣😂
Source: eNCA - 🏆 49. / 51 Read more »

Appeal court sets aside Zuma’s decision that made VBS-linked man Venda kingThose in favour of the 'rightful heir' Masindi have been celebrating her victory. He must pay VBS Bank money&go to jail. I knew it Kingship determined by courts 😖...post colonial madness this
Source: TheCitizen_News - 🏆 6. / 75 Read more »

Venda king's appointment unconstitutional, court rulesThis follows Princess Masindi Mphephu's court challenge against her uncle.
Source: eNCA - 🏆 49. / 51 Read more »

Venda king's appointment unconstitutional, court rulesThe Supreme Court of Appeal sets aside former president Jacob Zuma's appointment of the acting Venda king. This case will take time to be concluded. Far from over I never recognized him as a king of Venda, the land of Venda belong to Vhangona tribe and is well documented in our history and we are many, all surname started with 'Ne', are the aboriginal citizen of Venda, our villages names after our surnames' 🤣🤣🤣😂
Source: eNCA - 🏆 49. / 51 Read more »