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A branch of VBS Mutual Bank in Thohoyandou, Limpopo. Bank executives and ANC and EFF politicians have been blamed for the disappearance of nearly R2bn from the bank, causing its collapse.Image: Antonio Muchave
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Court orders liquidation of looted VBS Mutual Bank

VBS Mutual Bank will be liquidated after an application by the Reserve Bank’s Prudential Authority was unopposed at the high court in Pretoria on Tuesday. The bank was placed under curatorship in March after looting by executives led to a…

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