News24.com | VBS arrests | Suspects due in court on Thursday to face 47 counts – Lebeya

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Hawks boss advocate Godfrey Lebeya.

Hawks boss advocate Godfrey Lebeya.

  • Four of the eight suspects have been arrested, three others are expected to hand themselves over and one remains in Covid-19 quarantine.
  • Suspects expected to appear in Palm Ridge Regional Court on Thursday.
  • The men face 47 counts of corruption, racketeering, money laundering, fraud and theft.

Eight VBS suspects are due to appear in the Palm Ridge Regional Court on Thursday on 47 counts of fraud, racketeering, corruption, theft and money laundering.

The eight men accrued R122 million to themselves unduly, directly and indirectly, over several months, Hawks head Lieutenant General Godfrey Lebeya said during a media briefing on Wednesday.

Lebeya and national director of public prosecutions, advocate Shamila Batohi provided an update on an early-morning operation in Gauteng and Limpopo to nab the men, who they have not officially named.

MUST READ | VBS gang goes down – here’s everything you need to know

News24 understands that among those arrested are former VBS chairman Tshifhiwa Matodzi, who was described as the “kingpin” of the VBS looting scheme that resulted in more than R2 billion being stolen from the bank’s coffers.

Lebeya gave a detailed breakdown of the charges and confirmed that the arrests were accompanied by search and seizure operations. While he would not be drawn into detail, he did confirm the investigation was ongoing. 

Of the eight men, four have been taken into custody, three are set to hand themselves over later on Wednesday and one man remains in quarantine due to Covid-19.

47 counts 

The men will face a cumulative of 47 counts, broken down as follows:

  • 5 counts of a “pattern of racketeering activities” in contravention of the Prevention of Corrupt Activities Act
  • 12 counts of common law theft
  • 7 counts of fraud
  • 15 counts of corruption in terms of contravening the Prevention and Combatting of Corrupt Activities act and;
  • 7 counts of money laundering

This amounts to 46 counts in total, and it is unclear if Lebeya erred or omitted a count.

“The scam was hatched on the 4 July 2017 when the board of directors for VBS approved financial statements for the year ending 31 March 2017 making VBS to look richer while it was in fact insolvent. The financial statements were shockingly inflated,” Lebeya said.

News24 reported on Wednesday that in addition to Matodzi, the other men who will appear in court on Thursday include former VBS CEO Andile Ramavhunga and former Vele Investments and VBS chief operating officer Robert Madzonga.

READ | Hawks arrest VBS ‘kingpin’ Tshifhiwa Matodzi and other directors in early morning raid

Additionally former VBS treasury Phophi Mukhodobwane, former VBS chief financial officer Philip Truter and former non-executive VBS board members Ernest Nesane and Paul Magula are also set to be charged.

Nesane and Magula were employees of the Public Investment Corporation (PIC)  who were seconded to the board to look after the PIC’s investment in VBS, as well as Phalaphala Ramikosi – former SAPS chief financial officer and a non-executive director of VBS. 

Other accused

Sipho Malaba, the former KPMG engagement partner who was in charge of the bank’s audits, is also due to appear in court.

Lebeya did not clarify which of the men were in quarantine but said procedures in place to safeguard against the spread of Covid-19 would be adhered to in ensuring he appeared before court.

Lebeya said the arrests stem from a criminal docket that was registered in May 2019 following a complaint by the South African Reserve Bank.

The Prudential Authority, which regulates the banking sector and is a division of the SARB, appointed advocate Terry Motau to investigate the affairs of VBS in 2018.

His report, titled The Great Bank Heist, was published in late 2018, and recommended a raft of charges against the bank’s board and management, as well as those who benefitted from the looting.

This includes politicians and their family members.

Labour intensive

Bathohi said they would not hesitate to prosecute any person whom the evidence pointed to.

“Investigations of this magnitude are complicated and labour intensive,” Lebeya said.

He explained that a team of 15 investigators, some of whom are on secondment from the Detective Service of the SAPS, was put together in August 2018.

More than 1 000 statements had been taken in the course of the investigation so far, he said.

Batohi echoed his sentiments, and said that “regrettably, quality investigations and prosecutions take time and patience”. 

She praised the team of National Prosecuting Service prosecutors who led the investigation, saying it showed the importance and value of prosecutor-led investigations that the case had been brought before court within two years. 

“Teamwork is a recipe for success,” Lebeya said.

Digital Sales Executives (Cape Town)

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Remuneration: negotiable Basic plus commission 
Location: Cape Town
Education level: Matric
Job level: Mid
Type: Permanent
Reference: #SALES
Company: Top Media and Communications

Top Media is a leader in South African business-to-business online publications, newsletters & podcasts, where our primary service and product offerings, are digital publishing, virtual conferencing and awards, which aim to reward, celebrate and advertise the best in South African business and government.

Requirements:

  • Proven sales experience in selling digital advertising space in b2b publications
  • Lead generation and effective in winning new business.
  • Experience with managing a portfolio of clients in a ‘client-facing’ role.
  • A willingness to continually identify and develop new business opportunities.
  • A willingness to integrate within a business and be part of a team.
  • Excellent administration and organisation skills.
  • Passion for selling and target-driven.
  • Outstanding written, verbal, editing and communications skills.
  • Strong business acumen and ability to pitch USPs to key decision-makers.
  • Ability to build relationships with external partners and approach external meetings with confidence.

Advantageous:

  • Excellent communicator – face-to-face, WebEx and telephonic.
  • Previous sales experience. 

Personal skills or attributes:

  • Confident.
  • Motivated.
  • Goal-setter.
  • Self-sufficient.
  • Good energy levels.
  • Must be deadline and target driven.
  • Commission driven and highly motivated.
  • Good communication skills and a team player.

Posted on 17 Jun 16:08

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Administrative Candidate Urgently Needed

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Administrative Candidate in East London | Other Administration/PA/Secretary | Job Mail | 4697764

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A well-established Internet company based in Capetown requires a strong, competent individual to handle our Administrative duties. The position will suit an individual who is eager to learn and take ownership of the position. Highest Educational level: Matric Be able to take minutes of meetings Typing, printing and scanning of documents Microsoft Word and Microsoft Excel knowledge is essential. Training will be provided to you. Send a short CV to the email address stated.

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Health24.com | Latest in cancer prevention: move more, ditch beer and bacon

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  • Making healthy lifestyle choices goes a long way towards preventing cancer
  • Our focus should be on getting enough exercise and eating correctly
  • It is also best to avoid alcohol altogether

_____________________________________________________________________________________________________________________

The latest cancer prevention guidelines may change your typical backyard barbecue: Gone are the hot dogs and booze. In are veggie kebabs and maybe a swim or some badminton.

The American Cancer Society’s new cancer prevention recommendations suggest, among other things, adding more physical activity to your days. About 20 minutes a day is the minimum, but 40 minutes or more daily is even better.

The new guidelines also add emphasis on avoiding unhealthy foods, including red and processed meats, refined grains and alcohol.

“The new recommendations really increase emphasis on a few key areas [including healthy weight and diet, physical activity, and avoiding or limiting alcohol],” said Dr Laura Makaroff, senior vice president of prevention and early detection for the American Cancer Society (ACS).

Healthy choices a challenge

These factors accounted for up to 18% of cancer cases and 16% of cancer deaths in the United States, according to the new report.

Along with recommendations for individual lifestyle practices, the ACS also included guidance for communities to take action.

“In addition to recommendations for individual choices, ACS recognises that making healthy choices can be challenging for many people. We need to reduce barriers to living well and achieving a healthy lifestyle, and that will require working collaboratively at all levels to develop and implement policies to ensure access to healthy foods and opportunities for exercise,” Makaroff said.

Registered dietician Pat Talio, the clinical nutrition outpatient programme coordinator at Northern Westchester Hospital in Mount Kisco, New York, agreed.

“This has to be a community and a societal effort. Given Covid and the amount of money that’s been spent on that, it will be especially important to keep focusing on healthy lifestyle,” Talio said. “It won’t help overall health if communities reduce funding in schools by cutting out gym teachers and sports programmes.”

The biggest changes to the guidelines included:

  • Physical activity. In line with US government recommendations, the ACS guidelines say Americans should get between 150 and 300 minutes of moderate physical activity each week. If you up your activity level to vigorous activity, the ACS advises 75 to 150 minutes a week.
  • Alcohol. The ACS says your best bet is to skip alcohol altogether. If you chose to drink, limit your alcohol consumption to one drink a day for women or two a day for men.
  • Diet. The guidelines recommend not eating, or limiting, foods such as red or processed meats, sugar-sweetened beverages, refined grains and other highly processed foods. The ACS encourages a diet full of a variety of healthy foods, particularly 2.5 to 3 cups of vegetables and 1.5 to 2 cups of fruit each day. The ACS also recommends incorporating legumes and whole grains in your diet.

Along with these changes, the ACS also reconfirmed the importance of maintaining a healthy body weight. Nearly 11% of cancers in women and 5% in men have been linked to being overweight or obese. Only cigarette smoking accounts for a higher percentage of cancer, the guidelines said. Some cancers linked to excess weight include:

  • Breast
  • Ovary
  • Kidney
  • Oesophagus
  • Colon
  • Liver
  • Gallbladder
  • Pancreas

“There is no magic pill for preventing cancer,” Talio said. “People say that even though they’re not eating all their vegetables, they are taking a supplement. But that’s not the same. You have to eat well to get the right nutrients. Have a variety of vegetables and fruits – in all different colours. Concentrate on the vegetables.”

The new ACS guidelines are consistent with other government and major health organisation recommendations for preventing heart disease and diabetes.

The new guidelines were published on 9 June in CA: A Cancer Journal for Clinicians.

Image credit: Getty

Petrol Vehicle Technician

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#SHIFTINTOHIGHCAREER to a well established and highly successful Dealer in Eastern Cape who requires the services of a Dealership Petrol Vehicle Technician

Minimum Requirements:

  • Must have 2-4 years’ experience on Vehicles at a MOTOR DEALERSHIP
  • Must have a valid Driver’s Licence
  • Must have relevant Trade Test qualifications (merSETA/ Olifantsfontein)
  • Must have contactable references
  • Must have stable track record

Salary Structure:

  • Basic Salary of R 15 000 – R 20 000 based on experience
  • Incentives of R 5 000 – R 8 000
  • Benefits

(Only suitable candidates will be shortlisted and contacted within 14 days) 
Please send your CV to joenie@gapconsulting.co.za

Visit our website on www.gapconsulting.co.za
Follow us on Facebook and LinkedIn @GAP Consulting or on Twitter @GAPAuto
GAP Consulting – General Automotive Personnel
SA’s Premium Automotive Recruitment Consultancy

Joint Communication 7 of 2020 – Precautionary measures by Financial institutions and payment institutions

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Publish Date: 2020-06-17
Category: PA Financial Sector Regulation Act

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Attachments:

B-BBEE Specialist (Johannesburg)

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Ad Talent

We are niched in the communications industry with offices in Johannesburg and Cape Town from where we service all of South Africa, Africa, the Middle East, Europe and the rest of the world. Our portfolios include Digital, Creative and Client Service in Advertising, Marketing, Media, Public Relations and Corporate Communications.

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Website Designer (Johannesburg)

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Remuneration: R12500 – R15000 per month negotiable Basic salary 
Location: Johannesburg, Bramley
Education level: Diploma
Job level: Mid/Senior
Travel requirement: Occasional
Type: Permanent
Reference: #webdev
Company: Ideas Wise and Wonderful

Job description

Ideas Wise and Wonderful (IWW)

IWW is a full-service award winning digital and print publishing agency established in 2006 and serves government, NGOs, retailers, and the financial sector.

We are looking for a mid level web-developer to join our dynamic team of talented and innovative creative professionals.

Company Description

IWW is a full service award winning digital and print publishing agency established in 2006 and serves Government, NGOs, Retailers and the Financial Sector.

Requirements

  • Three+ years’ work experience in website development. Strong WordPress and HTML experience and knowledge. App development, video editing, e-commerce and website security experience advantageous.
  • Understanding all aspects of the application, back-end and front-end.
  • Understanding web app best practices and browser compatibility.
  • Must have a good understanding of user interfaces.
  • Good knowledge of web application security, seo, performance, and implementation.
  • Must be able to work under pressure
  • Work from home option available

Duties will include website development, invitation mailers, safety, and security diagnostics and implementation on websites.

Personal skills

  • Good time management
  • Excellent communication skills
  • Detail orientated
  • Problem solver
  • Self-motivated
  • Deadline orientated

Posted on 17 Jun 08:20