ANC reacts to VBS Mutual bank collapse

The ANC has described – as alarming – the report into the fraud at VBS Mutual Bank.
The party says the report points to a grave abuse of authority and office.
The report – commissioned by the South African Reserve Bank – also recommends that more than 50 people be criminally charged in connection with the theft of almost two billion rand. We are joined now by the ANC national spokesperson, Pule Mabe.

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