Former Thulamela Mayor Embroiled In Defunct Vbs Bank Scandal

Former Thulamela Local Municipality Mayor Avhashoni Tshifhango is facing trial in the Polokwane Specialised Commercial Crimes Court in Limpopo today for alleged corruption in the looting and collapsing of the defunct VBS Bank.

Tshifhango allegedly received a bribe of a vehicle valued at more than half a million rand through a well-known suspected VBS money laundering third party.

This after the municipality invested R30 million into VBS.

The corruption trial against Tshifhango was set to resume on Monday but was postponed due to the unavailability of his lawyer.

His trial started last year. A number of witnesses, including former employees of the defunct bank, are expected to testify.