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Busisiwe Mkhwebane. (Madelene Cronje/M&G)
CR17

FIC: No conclusive indication that CR17 laundered money

In court papers, the Financial Intelligence Centre insists that it acted lawfully in providing the information it did to the Public Protector

  • Franny Rabkin
4 min read
Public Protector Busisiwe Mkhwebane calls Basani Baloyi’s court case “vindictive vengeance”, and it may well be so. (Madelene Cronje/M&G)
BUSISIWE MKHWEBANE

Now FNB probes Mkhwebane

Public Protector Busisiwe Mkhwebane has come under intense scrutiny following a series of controversial findings

  • Khadija Patel
  • Thanduxolo Jika
  • Sabelo Skiti
6 min read
In retired Judge Robert Nugent’s interim report on the commission of inquiry into the Sars released last month, Nugent recommended that Ramaphosa fire Moyane. (Paul Botes/M&G)
FIC

Moyane fired, Presidency confirms

Presidency spokesperson Khusela Diko confirmed to the Mail & Guardian that his notice of termination was served on Thursday

  • Sarah Smit
  • Gemma Ritchie
3 min read
Former Sars commissioner Tom Moyane. (David Harrison/M&G)
CYRIL RAMAPHOSA

Gordhan lays out state’s case against suspended SARS boss

Tom Moyane was suspended from the tax agency on March 19 this year

  • Lameez Omarjee
5 min read
Frustration reigned at the R2.3-billion VBS Mutual Bank heist court case after another postponement, with one of the accused’s lawyers arguing that his client was suffering financial prejudice because of the state’s alleged ineptitude.
ANOOSH ROOPLAL

VBS fined R2.5m for flouting money-laundering regulations

This is according to the 2017 annual report from the Reserve Bank’s banking supervision department, which was released on Tuesday morning

  • Lynley Donnelly
2 min read
Imported goods are subject to customs duties and a 15% VAT rate based on their value, which must be paid to Sars. (Oupa Nkosi)
FIC

Outing of KPMG for ‘Guptafication’ role could have powerful knock-on effects

The spotlight needs to be turned on lawyers’ professional ethics and the ‘taxi-cab rule’

  • Serjeant At The
  • Bar Author
5 min read
The sale of Optimum Coal in Mpumalanga has hit an employee trust for mineworkers
FIC

Optimum loses a round in high court battle to save its ‘damaged’ reputation

​Handing over a list of reported suspicious transactions by the Gupta family and its companies was a clerical and not an administrative action

  • Phillip De Wet
4 min read