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State Capture and the banks...'they were supposed to be the frontline'

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In this week's chat between Michael Appel and Adv. Erin Richards, we take a closer look at the regulatory and legislative requirements financial institutions are obliged to operate within. Richards questions how it was possible that millions - that should have been flagged as suspicious transactions - flowed through the Gupta's and their associates Standard Bank accounts for years on end. In this episode, the evidence of former Group General Council of Standard Bank, Ian Sinton, before the State Capture Inquiry, is dissected.For the video version of this discussion go to the BizNews YouTube channel: https://www.youtube.com/channel/UCEKFTZQpCTs3YVf3yetO3Ng Learn more about your ad choices. Visit megaphone.fm/adchoices
9 Mar 2022 9AM English South Africa Investing · Business News

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