With a review imminent, the country faces more than the risk of remaining greylisted. Outdated, costly global money transfers are undermining competitiveness, increasing trade…
New evidence in the matter suggests that former health minister Zweli Mkhize and his family received funds funnelled through the sale of cattle and the purchase of a farm
Financial crime governance should be happening in the boardroom and the legal and financial fallout from the lack of enforcement is becoming increasingly serious
The project was meant to supply dignity packs to girls and women at no-fee schools and colleges
Parliament will this month hold hearings against Economic Freedom Fighters accused of disruptive behaviour during President Cyril Ramaphosa’s budget vote speech last year
Religion is often the business plan of fraudsters who lie effortlessly to their congregants
Auditors general and anti-corruption agencies from 14 countries met to establish ways to stop corruption and illicit financial flows
The top priority must be to take swift action to get off the greylist, restore SA’s reputation and regain the global community’s trust, party says
Financial Action Task Force noted the country made ‘a high-level political commitment’ to work with the watchdog to tackle money laundering
The finance minister said South Africa still needs to address shortcomings but hopes the sanctions will not be severe
Hawks head Godfrey Lebeya also announced new appointments to boost the directorate’s capacity, including Lieutenant General Siphesihle Nkosi, who becomes its deputy head
If the government is seen to be making serious efforts to comply with anti-money laundering requirements, the country’s greylisting might not last long
The Gupta era exposed the flaws in the country’s anti-money laundering framework and now the government is dealing with the consequences
Ismail Momoniat is hoping to take ‘a massive step forward’ in fortifying the country’s money laundering controls by passing two bills before next February
South Africa’s banks and the treasury must address legal loopholes and weaknesses by October or face greylisting by global money laundering watchdog
EFF tries to disrupt president’s speech to Parliament by bringing up deluge of points of order
Former Transnet chief executive Siyabonga Gama and four others have been arrested on charges of fraud, corruption and money laundering.
Zuma will seek to stall his trial next week as his lawyers ask the head of the SCA to reconsider its refusal to allow him to appeal the dismissal of a special plea
Support is growing in the European Parliament against Swiss banks’ role in money laundering
Despite pledges by Credit Suisse to crack down on illegitimate funds, leaked data shows the bank catered to dozens of criminals, dictators, sanctioned parties and political…
