Tag: Tshifhiwa Matodzi

Former VBS Mutual Bank chairperson Tshifhiwa Matodzi gets 495-year prison sentence

The High Court in Pretoria has sentenced former Venda Building Society (VBS) Mutual Bank chairperson Tshifhiwa Matodzi to 495 years in prison for his involvement in one of South Africa’s largest banking scandals. According to The Citizen, Tshifhiwa pleaded guilty to all 33 charges, including fraud, theft, money laundering, and corruption, and entered into a […]

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