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Investigation into “The Great Bank Heist” by NPA, Hawks at an advanced stage

Investigation are at an advanced state in an independent investigation jointly run by the Hawks and NPA on the VBS Bank dubbed “The Great Bank Heist”. A final report by the Reserve Bank team on the investigation into large-scale fraud at the Bank indicated that there are no prospects of saving the bank after about two-billion rand in depositor’s money was looted. A high-level team has been appointed by the two law enforcement agencies.

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