STOCKHOLM: A Swedish court on Tuesday sentenced the former chief executive of Swedish bank Swedbank to 15 months in prison for deceiving investors...
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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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