The great bank robbery

While politicians used colourful rhetoric to iron out the VBS-creases in parliament and on the streets, the bank’s administrators bought the silence of two PIC officials tasked with safeguarding the fund manager’s investment. This is the story about Dan Matjila’s right-hand men – executive head for legal counsel, governance and compliance Ernest Nesane and executive head of risk Paul Magula – and how they personally benefited from the VBS robbery.   Former Public Investment Corporation (PIC) officials, Ernest Nesane and Paul Magula, were bribed to “look away and not raise…

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Eish Ace!

With Daily Mavericks own Scorpio investigation, which is beholden to no one, Ace Magashule, ANC secretary-general’s deals with the Guptas, have once again been highlighted by Pieter-Louis Myburgh. This involves the Vrede diary project and a computer deal. DM has now also found that the previous agri-minister in the Zupta cabinet, Tina Joemat-Pettersson played a role, while then provincial agriculture MEC, Mosebenzi Zwane and other government officials repeatedly met with one of the Gupta brothers at key junctures during the roll-out of the infamous project in the Free State.

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