Truter, first man to be sentenced for looting of VBS out on parole

Loading player...
Phillip Truter, the first man to be sentenced for his role in the looting of VBS Mutual Bank is out on parole, as Tshifhiwa Matodzi, the key figure he implicated as the mastermind behind the heist began his 15-year jail sentence last week. Truter, who was the bank’s CFO, was released on parole in April after serving three years and six months of his effective seven-year sentence. The team weigh in on this development and ask listeners if they believe he served a fair amount of time; and if this time was worth it, because of his testimony.
15 Jul 2024 1AM English South Africa Entertainment News

Other recent episodes

Business Update: Billions, Bots & Breaking News

In today’s Business Update with Sumitra Naidoo, we covered the Gauteng Investment Conference and what it means for the province’s economic future, Shoprite’s exciting introduction of Pixie, their latest innovation set to change your shopping experience and crucial diplomatic talks currently underway in Pakistan.
10 Apr 2AM 6 min

OPEN LINE: From potholes, Afrikaans in schools to sports reporting

Today on Open Line, listeners weighed in on everything from the frustration of potholes damaging our roads, to the heated debate around Afrikaans in schools. We also shone a spotlight on the inspiring Siz The World community, pulled back the curtain on how Kaya 959 selects its sports stories, and…
10 Apr 1AM 11 min

#FirstThingsFirst: What’s your grocery downgrade?

Groceries aren’t getting cheaper, but South Africans are masters at making a plan. From Springbok, the country’s most expensive city at R5,690.83, to budget-friendly Pietermaritzburg at R5,002.77, the price gap is real. We’re unpacking the numbers, the downgrades, and the survival strategies keeping trolleys and spirits full.
10 Apr 1AM 17 min