VBS depositors yet to see justice

When VBS Mutual Bank was founded in the 1980s, it was a beacon of hope for social mobility for the mostly rural communities of Limpopo. By the early 1990s, the cooperative financial institution, or stokvel, owned by its depositors and customers, enabled depositors access to bonds for homes and dignified funerals for loved ones. However, by mid-2010, VBS had become a playground for corruption and looting.
While over 30 arrests have been made and the former chairperson, Tshifhiwa Matodzi, has been convicted and sentenced - depositors in Thoyandou told Newzroom Afrika's Ntokozo Khumalo that they are yet to see justice.
Tune into Newzroom Afrika DStv channel 405 for more.

[@SerienaMagwa-pe8ng]

THIS IS SO HART BRAKEING TO WATCH THE YOUNG AND OLD LADIE WORKING IN THE COLD AND LOSING ALL THEIR MONEY. 😢😢😢 EVERYONE WHO BENEFIT FROM THEY MONEY MUST PAY BACK THE MONEY 😢😢😢

[@dragonslayer125]

Just gotta love the jounalist/speaker - no fumbling, no stumbling, confident, articulate and someone who is doing a great job. Go girl !!!!!

[@AffectionateMountainRang-xv8gv]

This showa you who the EFF realy is

[@User-.-_007-s]

But julius just love nigerians and zimbabwean africa unite in south africa

[@vusidumisanimiya994]

Iyane this is heartbreaking 💔💔💔😭😭😭 this will gradually Destroy the EFF
Electoral support

[@User-.-_007-s]

Eff buying house and lans cruisers

[@c-styl3]

Atlesst we can't blame apartheid

[@AffectionateMountainRang-xv8gv]

People died Floyd

[@ClementMabasa-io9fj]

What about anc and sacp stop being lazy thinker

[@nedor64]

Viva EFF 💵💸 economic freedom for us not you.

[@MrEvansjethro]

You're pathetic. EFF paid back their loan. This is just a deviation from the fact that DA has formed a government with Cyril in a backdrop of money laundering. Phalaphala.

[@user-ng6zw4iz6m]

Shame shame shame on you

[@MrEvansjethro]

@@user-ng6zw4iz6m Truly media can manipulate weak minds. Everyone is blaming EFF, whereas EFF paid back their loan. Moreover, VBS lost above R2 billion. At least 1 billion was donated to CR17.

[@firstcomment749]

Politicians, bank ombudsman, SARB + the judiciary do not respect the ppl theyre suppose to serve + support. They couldnt be bothered with old ppl struggling for 7 or 10 yrs more without money, while the wheels of justice turns slowly + uncertainly - justice postponed is justice denied.

[@wandilemthiyane9932]

South Africa needs a political hygiene 😢

[@H3321KG]

EFF and SACP

[@LuluSeleke]

😢 sad mmmmm

[@DpdlmdmJhb10]

I Hate what Tshifiwha did.Bohami Soweto