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Brains behind South Africa's $130m bank scandal jailed

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Manage episode 429149035 series 2579897
Content provided by Laila Maijet. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Laila Maijet or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.

Tshifhiwa Matodzi was the chairperson of VBS Mutual Bank, which collapsed in 2018 after being looted for years. The scam stretched from impoverished rural villages all the way to government circles and defrauded ordinary South Africans. In court last Wednesday, Matodzi pleaded guilty to 33 counts, including corruption, theft, fraud, money laundering, and racketeering.

See omnystudio.com/listener for privacy information.

  continue reading

353 episodes

Artwork
iconShare
 
Manage episode 429149035 series 2579897
Content provided by Laila Maijet. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Laila Maijet or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.

Tshifhiwa Matodzi was the chairperson of VBS Mutual Bank, which collapsed in 2018 after being looted for years. The scam stretched from impoverished rural villages all the way to government circles and defrauded ordinary South Africans. In court last Wednesday, Matodzi pleaded guilty to 33 counts, including corruption, theft, fraud, money laundering, and racketeering.

See omnystudio.com/listener for privacy information.

  continue reading

353 episodes

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