Tag: FIC

Namibian Bank Accounts of Mpumalanga Couple Nabbed For Illegal Coal Mining in Carolina Seized

PURSUED: Police say 1 171 miners have resurfaced since the crackdown on Stilfontein illegal miners started last week, while others refused. They vowed to forge ahead with the operation despite noting an outcry in some quarters. (Photo: SAPS).

The Mpumalanga couple arrested in November 2023 for allegedly mining coal on a farm in the frigid town of Carolina suffered more setback when their eight Namibian bank accounts with a stash of R52 million were seized by authorities. The accounts belong to Jacobus Hosea Jordaan and his wife Elza Jordaan.  The seizure of the… Continue reading Namibian Bank Accounts of Mpumalanga Couple Nabbed For Illegal Coal Mining in Carolina Seized

SA Is Making Progress To Exit The FATF Grey List And Requires Collective Action

While South Africa is making steady progress in its efforts to be removed from the Financial Action Task Force (FATF) grey list, it will require “a significant effort” from all relevant authorities in the country to meet the deadline at the end of January 2025 to address remaining shortcomings identified by FATF, according to the… Continue reading SA Is Making Progress To Exit The FATF Grey List And Requires Collective Action

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