money laundering

 
VBS fined R2.5m for flouting money-laundering regulations
VBS fined R2.5m for flouting money-laundering regulations
In 2017, embattled VBS Mutual Bank was fined R2.5-million by the South African Reserve Bank (SARB) for failing to comply with regulations aimed at...
D-day for prosecutions team to decide if NPA should go after Zuma
D-day for prosecutions team to decide if NPA should go after Zuma
National Prosecuting Authority (NPA) boss Shaun Abrahams will receive recommendations on Friday on whether or not former president Jacob Zuma...
Murder trail leads to Botswana
Murder trail leads to Botswana
A cold-blooded murder in South Africa, allegedly linked to a money-laundering scheme, has reverberated across the border into neighbouring Botswana...
Trump ex-campaign manager Manafort indicted on conspiracy, money-laundering charges
Trump ex-campaign manager Manafort indicted on conspiracy, money-laundering charges
Donald Trump's former campaign chairman Paul Manafort was charged Monday with conspiracy against the United States and money laundering, in the...
Tax evasion and dirty money are draining Africa
Tax evasion and dirty money are draining Africa
Tax evasion benefits individuals to the detriment of society, wiping out state services. It also hampers the achievement of the eight United...
President Zuma signs FICA bill into law
President Zuma signs FICA bill into law
President Jacob Zuma has signed the Financial Intelligence Centre Amendment (FICA) bill into law, the presidency said in a statement on Saturday...
State Capture – The Guptas and the R250 million “kickback laundry”
State Capture – The Guptas and the R250 million “kickback laundry”
AmaBhungane has seen evidence of a quarter of a billion rands – apparent kickbacks for contracts at state-owned companies – being laundered...
Former Eskom director found guilty of fraud, money laundering
Former Eskom director found guilty of fraud, money laundering
The former managing director of Eskom, Dawid Malherbe, was found guilty of fraud and money laundering on Friday at the Bellville Specialised...
Laughing all the way to the bank
Laughing all the way to the bank
Controversial Zambian businessperson Rajan Mahtani says he promised former Malawi president Joyce Banda a $150-million biothermal energy plant in a...
SCA rules Tigon/PSC fraud case must resume
SCA rules Tigon/PSC fraud case must resume
The Supreme Court of Appeal (SCA) has rejected their bid to have their case thrown out of court. 
Standard Bank fined $12.6m for poor anti-laundering controls
Standard Bank fined $12.6m for poor anti-laundering controls
Standard Bank Plc was fined £7.6-million ($12.6-million) by the UK Financial Conduct Authority (FCA) for failures in its anti-money laundering controls, the first fine of its kind by the regulator....
Malema to appear in court for contempt
Malema to appear in court for contempt
Malema will appear in court on Tuesday after the curators of his estate brought the application against him for failing to declare his assets, the...

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