How FNB Stole R3 Billion From The Black Bondholders

Over 23000 number of complaints have been filed against the First National Bank (FNB) for manipulating the interest rates under Usury Act, 1968. The amended act was constitutionalized to provide assistance to the black low cost housing sector in order to prevent fluctuations in the interest rates for smaller loans. One of the best financial …

VBS Mutual Bank Sold Out in London

Johann Rupert, the kingpin of the the South African National Treasury Scam has rightly played the cards to his professional convenience. Apart from looting the treasury, he has used his undue influence to carry out many scandals, the most prominent one being the closure of Oakbay accounts. Rupert had invited the VBS Mutual Bank CEO …