I worked for that money! - Robert Madzonga (VBS shareholder Vele Investments)
Was the intention to always rob the bank?Bruce Whitfield, The Money Show
No there has never been an intention to rob the bank, from Vele’s point of view…Robert Madzonga
Vele Investments' former CEO Robert Madzonga says Chairperson Tshifhiwa Matodzi betrayed and lied to him over the R2 billion plundering to death of VBS Mutual Bank.
Vele Investments is VBS Mutual Banks’s largest shareholder.
Matodzi was the main culprit and took the most – R325 million - according to advocate Terry Motau’s report (VBS Mutual Bank — The Great Bank Heist).
Madzonga received “only” R30 million; he maintains that every rand he’s ever received from Vele Investments and VBS Mutual Bank was income for work he did.
Advocate Motau’s report, however, has it that Madzonga was employed as acting COO for about a month (between May and June 2016) yet he still received a salary in September and October on top of his R300 000 per month salary he received from Vele Investments.
Who is to blame?Bruce Whitfield, The Money Show
I think the report is clear… it points to people who have confessed… people should not find people guilty by assumption…Robert Madzonga
Listen to the interview in the audio below.
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