Mokwena accused of illegally investing millions in VBS

North West municipality 'lost R84m under ex-municipal manager'

12 August 2021 - 07:39

By isaac mahlangu AND Isaac Mahlangu

A former municipal manager of a NW municipality stripped it R92m which he illegally invested in VBS Bank in exchange for kickbacks of financed purchases of two motor vehicles and a R1.2m mortgage for a property.

This article is reserved for Sunday Times subscribers.

A subscription gives you full digital access to all Sunday Times content.

Please visit SundayTimes.co.za in your desktop to view our latest subscription options.

Already subscribed? Simply sign in below.

Questions or problems? Email helpdesk@timeslive.co.za or call 0860 52 52 00.

View Full Site