SARB notes recent developments regarding KPMG's VBS audit

235 views · Published 19 April 2018 · 1:44 · Indexed 20 September 2026

Channel: SABC News · 2018 · News & Politics

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The Reserve bank says it has noted the recent developments regarding KPMG's Audit of VBS mutual bank. VBS was placed under curatorship in March because of liquidity crisis and poor governance. 
VBS curator Annosh Rooplal says he intends to rescue the retail side of the bank which involves ordinary deposits.

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