VBS shareholders blame ANC for `illegal and abrupt` liquidation of the bank
(WorldNews Africa)

The minority shareholders of Venda Building Society (VBS) Mutual Bank have vowed not to participate in the ANC`s internal consultation process on the reinstatement of Limpopo party leaders implicated in the looting scandal. They said this was because the ANC and the government allowed the “illegal and abrupt” liquidation of the institution without their involvement. In a statement...