PRETORIA – The eighth senior executive suspect in the VBS Mutual bank investigation was arrested on Friday, 3 July 2020 by the Serious Corruption Investigation team.
The suspect who could not be arrested a few weeks ago has recovered from his ailment and is expected to appear in Palm Ridge Specialised Commercial Crimes Court on Monday, 6 July 2020 facing 47 charges of fraud, theft, money laundering, corruption and racketeering.

Source: South African Police Service