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Former Vele Investments CEO reveals the magnitude of VBS troubles

PUBLISHED: Mon, 02 Jul 2018 11:17:02 GMT

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VBS Mutual Bank continues to find itself in choppy waters as allegations of mismanagement continue to mar the group, a situation described by the ruling party as a sorry state of affairs. CNBC Africa’s Lubabalo Mashiqana spoke with Maanda Manyatshe, Former CEO of Vele Investments which is the major shareholder of the bank.
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