VBS Bank Heist: Investors Eager For Justice Following Dramatic Arrests By Hawks

LUCAS LEDWABA

WHEN alleged VBS bank heist ‘kingpin’ Tshifhiwa Matodzi and several other directors who orchestrated the R2.7 billion bank scam appear in the Palmridge Magistrate’s Court in Gauteng on Thursday, thousands of irate investors in Limpopo will be all ears.

The suspects, arrested on Wednesday following a massive search and seizure operation by the Hawks and National Prosecuting Authority (NPA), will appear in the Palmridge Magistrate’s Court in Ekurhuleni Gauteng – probably in a hearing to be attended only by justice officials and security personnel due to the COVID -19 regulations.

But thousands of eager investors from across far-flung villages of Limpopo will be waiting for news on the outcome of the dramatic arrests following an almost two year long wait for action.

At last, scores of investors, including social clubs, burial societies, businessmen, hawkers and investment groups that lost out on millions in savings when the bank was