Former VBS CFO Truter out on parole

‘Parolee’ benefits from special remission of sentence

14 July 2024 - 20:20

By Jeanette Chabalala

Phillip Truter, the first man to be sentenced for his role in the looting of VBS Mutual Bank is out on parole, as Tshifhiwa Matodzi, the key figure he implicated as the mastermind behind the heist began his 15-year jail sentence last week.

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