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Phillip Truter

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Former VBS Mutual Bank CFO Phillip Truter at the Palm Ridge magistrate’s court on October 7 2020. He has reached a plea and sentence agreement with the state.Image: Ernest Mabuza
VBS MUTUAL BANK

VBS bank’s ex-finance boss Phillip Truter pleads guilty

Former VBS Mutual Bank CFO Phillip Truter on Wednesday pleaded guilty to six counts related to looting of funds at the bank. Truter was the eighth suspect who appeared in the Johannesburg Specialised Commercial Crimes Court, sitting at…

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