SA Money Daily | How gold smugglers use top SA banks, bribes to launder money
Rate shocker: Did the MPC just go out with a bang? View Online SA Money Daily The biggest business, economic and market news of the day. AHMED AREFF , NEWS24 BUSINESS DEPUTY EDITOR How gold smugglers use top SA banks, bribes to launder money Several key officials at three major South African banks are helping a gold smuggling gang launder millions of dollars of dirty cash in exchange for regular bribes, an Al Jazeera investigation has found. The officers at Standard Bank, ABSA Bank and Sasfin Bank have been on the payroll of Mohamed Khan, a money launderer working for cigarette magnate and smuggler Simon Rudland, thousands of documents and interviews with Khan's former colleagues reveal. The...
