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Brains behind South Africa’s $130m ‘bank heist’ jailed

Source link : https://www.afric.info/2024/07/10/news/brains-behind-south-africas-130m-bank-heist-jailed/

The man who masterminded a $130m (£100m) banking scandal that caused national outrage in South Africa has been jailed for 15 years, the country’s police service has said. Tshifhiwa Matodzi was the chairperson of VBS Mutual Bank, which collapsed in 2018 after being looted for years. The scam stretched from impoverished rural villages all the […]

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Author : AFRICA-NEWS

Publish date : 2024-07-10 17:47:43

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