Tag: money laundering
From the street to the boardroom: The shocking reality of money laundering in South...
Why every South African business must act now to prevent becoming an unwitting accomplice to financial crime.
By Hawken McEwan, Director of Risk & Compliance...
Big Brother or BFF? Govt’s quest for total information
By Philip Tillman
THE Financial Action Task Force’s greylisting of South Africa has had a severe knock-on effect on businesses in the country. According to...
Banks have 18 months to impact SA’s greylisting
Here’s how they can help get the country off the grey list Â
In January 2025, the global anti-money laundering watchdog, the Financial Action Task Force...
Former Eskom official sentenced to 10 years for fraud, theft
A former Eskom administrative clerk has been sentenced to 10 years imprisonment for defrauding the power utility of more than R2.6 million.
The former clerk,...
When integrity fails: The networks linked to Eskom contracts
The Kusile corruption case shows former Eskom executive Matshela Koko allegedly tried to use his politically connected businessman friend to launder a bribe payment....
South Africa has been grey listed; what are the implications for the country going...
By the Webber Wentzel Finance Team
South Africa’s grey listing by the Financial Action Task Force (FATF) has significant implications for its economic growth and...
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