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VBS 'heist' accused plead not guilty to racketeering, fraud, corruption and money laundering

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Seven men accused of defrauding VBS Mutual Bank have told the Palm Ridge Regional Court they are innocent, each pleading not guilty to the multiple charges they face.


Four of the men were arrested during early morning raids on Wednesday, while three others handed themselves over to police later.

An eighth accused is in quarantine due to Covid-19.


Magistrate Brian Nemavhidi put his foot down on Thursday when he refused to hear the case until court orderlies ensured that the packed public gallery was cleared and physical distancing regulations, aimed at preventing the spread of Covid-19, were strictly implemented.


Nemavhidi said he would not continue until the orderlies ensured that physical distancing was maintained and that those who were standing were removed.


State prosecutor Hein van der Merwe told the court that there were seven accused present and the eighth person was absent.



Source: News24

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