SA has received praise from the FATF for progress in addressing technical compliance issues within its anti-money laundering system.
The Gupta family have become symbols of corruption in SA – here’s how they went from business moguls to fugitives on the run.
SA has pledged legal and diplomatic action to capture the Gupta brothers – planning to appeal UAE court ruling that rejected extradition.
Atul and Rajesh Gupta, wanted by South African authorities on charges of money laundering and fraud, were seen in Switzerland in late March.
The Financial Action Task Force has placed South Africa on a list of countries under increased monitoring, commonly known as the greylist.
The tightening of the noose around crypto monetary penalties shows that the crackdown has just begun.
A Russian tycoon faces a fresh probe in France – reputed for being a Jay Gatsby-type figure with glitzy parties and bashes.
South Africa’s parliament passed legislation to combat money laundering and terrorism financing needed to avoid the country being added to a global illicit-finance watchlist.
With the end of October hurtling towards us like an out-of-control freight train, so too does the potential grey listing by the FATF.
It’s been an unusually tumultuous time in SA – even by our standards – after former spyboss Arthur Fraser spilled the beans on Cyril’s cash couch. His political foes want him apprehended in a citizen’s arrest.