Watch Now: Dr Stuart Theobald on SA’s risk on being greylisted

Intellidex’s Chairman Dr Stuart Theobald joined Gareth Edwards on eNCA to discuss South Africa’s risk of being greylisted by the money laundering watchdog Financial Action Task Force (FAFT).

What does this mean for South Africa?

“South Africa through the financial intelligence act has in the past been fairly compliant. But last year a mutual evaluation was conducted on South Africa and it found several shortcomings largely linked to stake capture and our inability to bring people to justice because of money laundering,” says Stuart Theobald.

Watch the full discussion below: