Kuben Naidoo says VBS is insolvent
320 views · Published 7 November 2018 · 1:11 · Indexed 12 October 2026
Channel: eNCA · 2018 · News & Politics
Meanwhile, South African Reserve Bank deputy governor, Kuben Naidoo says the previous years' financial statements show that VBS bank is insolvent. However, he says they’ll make a firm decision on the future of the bank once the statements are audited. Naidoo was brieing Parliament's Standing Committee on Finance earlier
