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“The Government Employees Pension Fund is aware of an affidavit made by the former VBS chairperson and the contents thereof,” the fund said in a statement over the weekend. “The GEPF will ...
Four months ago, the GEPF refused to be drawn to comment on whether it would be taking any action against its chairperson Dondo Mogajane after he was implicated in the looting of VBS Mutual Bank.
The PIC, which invests around R2trn, mostly on behalf of government employees was VBS's second-largest shareholder with a 25.2% stake through its client the Government Employees Pension Fund (GEPF).
However, since this letter precipitated the start of VBS’s decline, you can imagine Matodzi was, how should we say, a little pissed off. Both the Treasury and the GEPF come out in favour of ...
The GEPF, which manages government employee savings ... more exposure to toxic assets such as a R375 million investment in VBS Mutual Bank, which was placed under curatorship in March 2018 ...
“The GEPF chairman has publicly issued a statement ... no shred of evidence to prove that I took the money”. Read more: VBS chairperson Tshifhiwa Matodzi tries to exonerate his family from ...
The Government Employees Pension Fund (GEPF) has released its annual report for the 2014-2015 financial year. GEPF Board chairperson Dr Renosi Mokate said the fund had continued to grow its assets ...
One member has been debarred from practice and we will pursue criminal charges," More said. READ: GEPF's Mokate: Pension fund healthy despite Steinhoff, VBS 'elephants in the room' Regarding Steinhoff ...