DA notes arrest of North West VBS suspect and hope that others will follow shortly
11 August 2021
The Democratic Alliance (DA) in North West notes the arrest of a suspect that is believed to have participated in the R92 million that the Mahikeng Local Municipality irregularly invested in the VBS Mutual Bank.
It is further alleged that the suspect purchased two vehicles and a property with the kickbacks received in turn for this investment.
We believe this is a step in the right direction and we hope that more arrests will follow soon.
Last year, during a press briefing that followed the arrest of key suspects in the VBS saga, the Directorate of Priority Crimes indicated that the second round of arrests will include municipal officials. It is encouraging to note that this promise is being honoured.