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Godongwana
POLICE in Mpumalanga have handed over the docket in which Finance Minister Enoch Godongwana is accused of sexual assault, to the National Prosecuting Authority (NPA) for a decision.
Mpumalanga police spokesperson Brigadier Selvy Mohlala said statements had been obtained from the “necessary people” and the docket was submitted to the NPA.
On Wednesday, th ecivil rights movement #Notinmyname called on Godongwana to step down after the charges of sexual harassment were lodged against him in Skukuza, Mpumalanga.
Godongwana has denied the allegations levelled against him. | IOL
THE South African Reserve Bank (SARB) has imposed administrative sanctions on Nedbank Limited following its failure to comply with aspects of the administrative provisions of the Financial Intelligence Centre (FIC) Act.
This is after SARB warned that the country’s biggest banks, Standard Bank, Firstrand (FNB), Absa Bank, Nedbank and Investec, had to improve their prosecution of financial crimes and their ability to identify and report illegal cash flows and crimes by October this year.
The administrative sanctions imposed in terms of the FIC Act include cautions, reprimands and a total financial penalty of R35 million, of which R15m has been conditionally suspended. | IOL