The VBS Stakeholders' Forum says it hasn’t abandoned its bid to claw back money for depositors who lost their savings when the mutual bank collapsed. VBS was placed under liquidation in 2018. Now dubbed the "Great Bank Heist", more than R2 billion was siphoned from the establishment in an elaborate scandal. The VBS Stakeholders' Forum said that dozens of depositors were still reeling from the collapse of VBS. The forum represents more than 2,000 minority shareholders. Its secretary, Robert Livhoyi, said that not only had some depositors not recovered but they’d also been left out of the cold. Thabiso Tema speaks to VBS Mutual Bank shareholders' Forum secretary, Robert Livhoyi.

<p>The VBS Stakeholders' Forum says it hasn’t abandoned its bid to claw back money for depositors who lost their savings when the mutual bank collapsed. VBS was placed under liquidation in 2018. Now dubbed the "Great Bank Heist", more than R2 billion was siphoned from the establishment in an elaborate scandal. The VBS Stakeholders' Forum said that dozens of depositors were still reeling from the collapse of VBS. The forum represents more than 2,000 minority shareholders. Its secretary, Robert Livhoyi, said that not only had some depositors not recovered but they’d also been left out of the cold. Thabiso Tema speaks to VBS Mutual Bank shareholders' Forum secretary, Robert Livhoyi.</p>

POWER Breakfast is a fast paced three-hour news and current affairs show, alternating between the latest breaking news, political coverage, analysis, sport, market reports, weather and all your calls. Whether you’re in business, the public service or just want to stay informed, tune in as Thabiso TT Tema connects you to your world.

<p>POWER Breakfast is a fast paced three-hour news and current affairs show, alternating between the latest breaking news, political coverage, analysis, sport, market reports, weather and all your calls. Whether you&rsquo;re in business, the public service or just want to stay informed, tune in as Thabiso TT Tema connects you to your world.</p>

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VBS Shareholders Forum seek out new banking license and for Liquidators to continue collecting money from those who borrowed it and selling of the assets to be applied to recover the money

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