‘I won’t hand over my assets,’ VBS boss vows

13 September 2019 - 08:00
By MPUMZI ZUZILE
Robert Madzonga and his estranged wife, Khosi.
Image: Instagram Robert Madzonga and his estranged wife, Khosi.

CEO of Vele Investments and former VBS Mutual Bank COO Robert Madzonga has instructed his lawyers to appeal a final sequestration order against him.

Madzonga, who is said to have benefited in excess of R30m through a vast network of companies and fronts, insists: “I am presumed innocent until the appeals court says otherwise.”

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