Former VBS chief financial officer Philip Truter granted R50,000 bail
The eighth suspect linked to the VBS Mutual Bank heist has been granted R 50, 000 bail.
Former VBS Mutual Bank chief financial officer Philip Truter appeared at the Palm Ridge Commercial Crimes Court on Monday.
He and his co-accused face charges including racketeering, theft, fraud and corruption.
Eyewitness News reporter Nthakoana Ngatane has the full report.
He now says that he will plead guilty, he has contacted the NPA and negotiations are underway and he says that he will help with investigations.Nthakoana Ngatane, Reporter - EWN
He even says that he is sorry to the people that were affected by VBS and he says that he prays for them, so we expect to hear the outcomes of the negotiations between him and the state for now...Nthakoana Ngatane, Reporter - EWN
Click on the link below to hear the full report....
The power utility says the return of five generation units is delayed while another two tripped.Read More
The latest agreement is on the benchmark payment that was promised to workers.Read More
Eyewitness News reporter Bonga Dlulane says unions' attempt to get money from Denel is like extracting water from a rock.Read More
According to a posting on the department's Twitter account, the examinations will commence on 5 November and conclude 15 December.Read More
Daily Maverick assistant editor Marianne Thamm says the former acting police commissioner is not going down without a fight.Read More
President Vladimir Putin says Russia has developed the first COVID-19 vaccine. Listeners on The Clement Manyathela Show comment.Read More
Clement Manyathela facilitates a conversation on what it was like growing up in difficult circumstances.Read More
Last week, it heard how former Prasa chair Tintswalo Makhubele took on that role while she had also applied to be a judge.Read More
Health minister says South Africans need to continue washing their hands, wearing masks and social distancing to avoid resurgence.Read More
The number of national recoveries so far is 426,125, which translates to a recovery rate of 75%. Gauteng has 150,082 recoveries.Read More