EDITORIAL: Accountability at stake in rand rigging case
In the US some cases have been concluded but in South Africa there has been painfully little progress
It is eight long years since the Competition Commission first took aim at the banks over the rand rigging case, and we’re still no closer to hearing the actual merits argued.
The commission first lodged a case in 2015, alleging that a number of traders at several banks had met in Bloomberg chat rooms, and secretly rigged trades in the rand/dollar currency pair...
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