Moegoe of the Week: Andile Ramavhunga
VBS Mutual Bank CEO Andile Ramavhunga's justification of a R15-million bonus paid to him takes him straight to the moegoe scrapheap. He said he earned the bonus after his business, Dambale Holdings, facilitated a deal with Mvunonala Holdings, a company owned by disgraced former VBS chair Tshifhiwa Matodzi.
The greed of these moegoe executives, at the expense of the poor, knows no bounds.
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