SA’s financial market regulator raided the Cape Town offices of Iqbal Survé’s Sekunjalo Investment Holdings on Wednesday, the latest phase in a seven-month long investigation into allegations of manipulation in trading in Sekunjalo's two subsidiaries. 

In July Survé told journalists that it was he who had asked the Financial Sector Conduct Authority (FSCA) regulator to investigate trading in the shares of Ayo Technology Solutions and its top top shareholder African Equity Empowerment Investments.

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