Three VBS execs provisionally sequestrated, Vele liquidated
31 July 2018
Provisional sequestration orders have been granted against three businessman in the VBS Mutual Bank fraud saga.
Vele Investments, VBS's main shareholder, has also been liquidated.
The sequestration and liquidation matter, which is ongoing, is being heard in the South Gauteng High Court on Tuesday.
Judge Moroa Tsoka is presiding over the matter.