EDITORIAL: SA in danger of being grey-listed for terror financing
Alarms raised by the global money-laundering and terrorist-financing watchdog about the gaping weaknesses in SA’s system of combating these activities were substantiated this week. Four alleged SA-based, Islamic extremist organisers were sanctioned by the US for financially facilitating terrorist activities in the continent from this country.
It is an indictment of our law-enforcement agencies that it was left to the US to identify and sanction the four rather than this being done here. The US treasury department’s Office of Foreign Assets Control designated the four as financial facilitators of Islamic State of Iraq and Syria (Isis) and Isis-Mozambique (Isis-M), both groups regarded by the US as terrorist organisations...
Would you like to comment on this article?
Sign up (it's quick and free) or sign in now.
Please read our Comment Policy before commenting.
This article is free to read if you sign up or sign in.
If you have already registered or subscribed, please sign in to continue.
Questions or problems? Email helpdesk@businesslive.co.za or call 0860 52 52 00.