Money laundering
Hawks arrest Prophet Bushiri, wife for money laundering amounting to R102m
This is the second arrest of the couple by the Hawks in as many months, with the current preceded by a February 2019 action over a suspected R15 million...
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Convicted VBS looter Truter set to tell court details of 'Great Bank Heist'
Phillip Truter has been sentenced to 10 years in prison with three years suspended after he pleaded guilty to fraud, money launder and racketeering.
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Open Secrets: Role of SA banks in economic crime not yet clear
This comes as leaked secret US government documents reveal how major international banks are helping launder money in the illicit economy.
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Cops among suspects due in Durban court for fraud worth R692k
The suspects are accused of fraudulently pocketing R692,000 which had been claimed from the Unemployment Insurance Fund (UIF) by National Adhesive, a private company.
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Report: Money laundering allegations against Motsepe-Radebe, Khama untrue
An investigation into allegations of money laundering against former Botswana President Ian Khama and South African businesswoman Bridgette Motsepe-Radebe has concluded that the claims were fabricated. This has been confirmed by international business intelligence firms Omnia and Alaco. EWN reporter Nthakoana Ngatane speaks to Omnia director and lawyer Cherie Blair.
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Businessman allegedly misused state funds to buy Rolex watch, luxury cars
Former Social Development boss and current municipal manager at the Sedibeng District Municipality Stanley Khanyile, Durban businessman Poovandaren Chetty and advocate Vuyokazi Sangoni will be back in court in October.
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Govt official, 2 others accused of fraud, money laundering worth R29m get bail
The trio were arrested and appeared in court on Friday, where they were granted bail.
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KZN higher education condemns theft of funds from institutions
Four suspects appeared in court on Friday for the alleged theft of R30 million from the account of a KZN TVET college.
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4 appear in court for allegedly looting R30mn from KZN TVET college
The college's ex-chief financial officer, Zaitun Shaik, faces corruption and money laundering charges together with attorney Azgar Khan, his wife Sharlene Bechoo and businessman Shaariq Ansari.
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Zimbabwe mobile operator denies money-laundering charge
When it issued the warrant last week, police said they were investigating Econet Wireless for suspected money laundering.
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Man arrested by Limpopo SAPS after being caught with over R300k in cash
The man was caught with over R300,000 in cash at the border near Musina on Thursday.
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Sarb fines 5 banks for weaknesses in money laundering control measures
They are Standard Bank South Africa, Grobank, Ubank, Bank of China Johannesburg branch and HBZ Bank.
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Portia Sizani, wife of Stone Sizani, found guilty of fraud
Portia Sizani, who's the wife of former African National Congress chief whip Stone Sizani, was found guilty in the Port Elizabeth Commercial Crimes Court earlier on Friday.
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Former CT hotel employee handed 6 years in prison for corruption
Ian Pakoe was convicted on 42 counts of corruption and one count of money laundering.
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10 charged with fraud, money laundering in Harry Gwala Municipality scam
The 10 suspects include five officials from the Harry Gwala District Municipality, four company directors and the husband of one of the officials.
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Supreme Court dismisses appeal by John Block & Christo Scholtz
The former Northern Cape Finance MEC was sentenced to 15 years in prison for corruption and money laundering in 2016.
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British lawmakers launch inquiry into economic crime
The Office of National Statistics (ONS) has estimated there were 3.2 million frauds in the year to last September.
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Northern Cape police arrest alleged money launderer
The suspect was in possession of close to 150 South African ID documents, two ID application papers and almost 40 Sassa pension cards.
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[ANALYSIS] SA shows why collaboration is key to tackling global crime networks
Lord Peter Hain says there are disturbing questions around the complicity of UK global financial institutions in the transnational network set up by President Jacob Zuma and the Gupta family
