The Namibia Press Agency, (NAMPA), was established in 1991 as a national news agency responsible for the distribution of local, regional and international news.

Curator withdraws 2017 audited annual financial statements of VBS Mutual Bank

Contributed by NAMPA / ANA.

Curator withdraws 2017 audited annual financial statements of VBS Mutual Bank
ANA Reporter
JOHANNESBURG, April 17 (ANA) - The curator of embattled VBS Mutual Bank has withdrawn the audited annual financial statements of the bank for the year ended 31 March 2017 as they contain material misstatements and are no longer considered to be reliable.
VBS, the bank that loaned former President Jacob Zuma R7.8 million to repay the costs of non-security upgrades at his Nkandla home, was placed under ...

 

Subscribe