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Maroc Maroc - iafrica.com - A La Une - 15/Jul 14:23

VBS Scandal Update: Former CFO Philip Truter Released on Parole

Three years after admitting guilt in the VBS scandal, Philip Truter, former CFO of the embattled bank, has been granted parole. Truter, who pled guilty in October 2020 to charges including racketeering, money laundering, tax evasion, fraud, and corruption, was sentenced to seven years in prison. Singabakho Nxumalo, spokesperson for the Correctional Services, confirmed Truter’s… 

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