The National Prosecuting Authority says money laundering and terror financing remain key concerns for the country, as well as for investment partners. Following South Africa's greylisting status by the Financial Action Task Force in 2024. These two crime catagories have become a renewed area of focus for the government. And while the NPA is aiming for South Africa to exit the greylist in early 2025. Civil society organisations say the country might not meet this deadline. For more news, visit sabcnews.com and #SABCNews on all Social Media platforms.
NPA | Money laundering & terror financing remain key concerns
The National Prosecuting Authority says money laundering and terror financing remain key concerns for the country, as well as for investment partners. Following South Africa's greylisting status by the Financial Action Task Force in 2024. These two crime catagories have become a renewed area of focus for the government. And while the NPA is aiming for South Africa to exit the greylist in early 2025. Civil society organisations say the country might not meet this deadline. For more news, visit sabcnews.com and #SABCNews on all Social Media platforms.