Gilbert Kganyago allegedly directly involved VBS investments

SAfm — The Capricorn District Municipality executive mayor, John Mpe, says his predecessor, Gilbert Kganyago, was allegedly directly involved in investing public funds in the troubled VBS Mutual Bank. Mpe says that records indicate that Kganyago chaired the mayoral committee meetings which took a decision to invest 60 million rand in VBS between 2015 and 2016. The money was later withdrawn. Jabulani Baloi reports.