Former Treasury Director General Dondo Mogajane Resigns, Denies Bribery Allegations Related to VBS Bank Collapse

Nov 4, 2024, 02:08 PM

Dondo Mogajane, the former Director General of South Africa's National Treasury, has resigned from all his corporate positions amid allegations of accepting a bribe related to the collapse of VBS bank. Mogajane has denied any wrongdoing, labeling the allegations as baseless. His resignation comes as part of a broader scrutiny of corporate governance and accountability in South Africa. The specific nature of the allegations against him remains unspecified.