R400 Million VBS corruption case postponed

News South Africa

Tebogo Msimanga |

Three former senior officials of the West Rand District Municipality appeared briefly at the Pretoria Specialised Commercial Crimes Court on Tuesday, in connections with Mutual Bank (VBS) corruption involving about R400 million.

The three were arrested on Monday morning, 28 June 2021, by members of the Hawks’ Serious Corruption Investigation at several locations in Gauteng.

West Rand District Municipality’s former Municipal Manager, Moroashike David Mokoena (60), former Chief Financial Officer (CFO), Romeo Mohaudi (33), and former manager: Income and Expenditure, Mzwandile Reginald Mkhize (36), collectively face 20 counts of corruption.

National Prosecuting Authority spokesperson Sipho Sipho Ngwema said the appearance relates to VBS corruption investigation where municipalities made billions of corrupt deposits into the bank in contravention of the law and municipal finance regulations.

The accused were released on R50 000 bail and the matter was postponed to 22 October 2021 for pre-trial management. “The state hopes that a trial date would be agreed upon the next appearance.” Reiterated Ngwema.

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