The Hawks are investigating senior Rand Merchant Bank (RMB) executives for alleged fraud in the collapse of a multimillion-rand Eastern Cape property development deal.

The investigation is the latest round in a legal battle between Belgian investor Fred Arijs and RMB, which includes five years of civil cases.

BL Premium

This article is reserved for our subscribers.

A subscription helps you enjoy the best of our business content every day along with benefits such as exclusive Financial Times articles, ProfileData financial data, and digital access to the Sunday Times and Times Select.

Already subscribed? Simply sign in below.



Questions or problems? Email helpdesk@businesslive.co.za or call 0860 52 52 00. Got a subscription voucher? Redeem it now