Sasfin lifts lid on bank criminals
The company and the Reserve Bank launched investigations after allegations of a gold smuggling operation
Bank and wealth management company Sasfin Holdings says its probe into staff who circumvented exchange controls to launder money revealed the operation was “sophisticated” and many banks were involved.
In March, it was alleged in an explosive Al Jazeera investigation that staff at three SA banks had been aiding and abetting a global gold smuggling ring by laundering money in exchange for bribes...
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