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The Venda Building Society (VBS) Mutual Bank was placed under curatorship in 2018 due to allegations of fraud and corruption. The bank's stakeholders, including investors and depositors, were affected by the bank's failure. Following the conviction of the VBS looting kingpin Tshifhiwa Matodzi, the latest process to recoup funds is a significant development for the stakeholders. VBS Bank's minority shareholder Robert Livhoyi highlights what this means for those involved.
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