), which shows how multiple gangs smuggle gold from Zimbabwe and use it to launder vast amounts of money.
Using fake invoices and identities, Mo Dollars transfer millions of unaccounted dollars in each transaction to these companies, which are run by Rudland’s partners, the investigation shows. The bribes range from monthly payments to paid holidays and house renovations, according to Latief, Mo Dollars’s ex-wife, and documents accessed by Al Jazeera.'The most valuable jewel'
Choonara would also tell Mo Dollars who else he needed to bribe at Sasfin, Dawood Khan claimed. Among them was Lulama Kene, an IT technician who ensured fraudulent transactions were wiped from the bank’s digital system. Choonara left Sasfin in 2019. Videsh Seeripat, a relationship manager at ABSA, is listed in the ledgers as receiving $800 a month. His job was to open bank accounts in the name of people who were not present to apply themselves, a mechanism that allowed Mo Dollars to start accounts using fake identities.
Asked for a response to Al Jazeera’s investigation, Simon Rudland told Al Jazeera that the allegations against him formed part of a smear campaign by an unidentified third party.He denied any involvement in the sale of illicit cigarettes, in gold or other smuggling and in sanctions busting.
South Africa and Zimbabwe one thing
So one can assume that all these zamazamas are working for someone who is a part of this gold mafias. This is a reason why the government is not doing enough to stamp illegal mining. We need to know who is the kingpin and also why illicit cigarettes are not stopped 🤔
Abramjee It must really pain you to be forced to report on your own people, what a rubbish news outlet you are news24. Even Abramjee been complaining about illicit cigarettes for years now, but you never bothered to investigate cos you knew your kind was involved🚮🚮. Thanks AlJazeera
Lol copy and paste journalism. Thank you AJEnglish
Is the South African Reserve Bank going to close down those three major banks like they did when they accused the Bank of India and Bank of Baroda of enabling money laundering?
Exceptional Journalism...ziyakhala manje
Ohhh really.. I wonder how long they will be behind bars at maximum jail... Oooops they wont go to jail.. Not holding my breath here.. They will deny all allegations
Banks involved in a lot of criminal activity. Rand riggings and now this. No accountability.
No SA journalist will pursue this investigation further. It will be like bitting the hand that feeds them
F$ are they all corrupt😡😡😡😡
There is a reason why SA was Grey listed. Corruption is rife all the way to the presidency. ANC have created a monster in SA & it will never be put back in the box without radical surgery.
🤔It all started with Zama Zamas, and illegal mining immigrants and foreigners employed by the diamond kingpin in South Africa and Zimbabwe, which is why it's a never-ending story,
News 24 = Copy & Paste journalism
It's pretty obvious the amount of money that has flowed out of SA Us ordinary citizens are subjected to the most stringent checks & balances, fica, rica god knows what else for any transactionwe want to do. Makes me sick!
Aljazeera must teach AFRICAN media how to do investigation
While wena you are busy with ANC factional politics.
pmcafrica Thank you Al jazeera give us the docomentary also assist us with Ilicit Cash Flows in SA. AJEnglish AlJazeera
And we wonder why we are greylisted.
Maybe AlJazeera must teach you guys investigative journalism neh?
I wonder which SA Polititians were part of this? The Covid cigarette ban comes to mind...
crimemind3 And SARS?
pmcafrica 😭😭 News24 riding on Al Jazeera's work. Being shown your a$$ on your home turf by a visitor.
“Come 2024, hide your grandparent’s IDs, corrupt ANC cadres must be removed”🤡
Welele 😀
Imagine that
pmcafrica Those major banks played a bigger role for VBS not to be saved too
ANC government caught sleeping again!
I have alwayz said that I trust nothing in this country, every institution be it public or private, they are all compromised.
That greylisting is here to stay 🙆🏾♂️
Well, look whose employed there. 🤷🏽
Everything in your so called economy is corrupt. In fact the economy is fake hence someone in wall street can just cough and the world economy will be in trouble......... Your very own fake money(Rand) seems to be loving certain peoples and hating others .............
Mentioned them ABSA and standard bank
“Falls over in surprise” 💸🫢
If was serious about its job it would've been the ones breaking these news.
Have the gutts and name these individuals, involved with corruption at the banks, publicly !
Action4SA this is your chance to fix at least 1 thing instead of just running your mouth with empty promises. Take action or no action Let's see
It's even worse if you go to top management
Sasfin
South Africa is a movie
Standard Bank, absa and Sasfin bank are corrupt.
Sies AbsaSouthAfrica and StandardBankZA. Disgrace
If it wasn’t for Bloomberg, Al Jazeera and other foreign media we wouldn’t have any news in SA. Instead of reporting the news which is their core business the SA lamestream media are busy playing politics by trying to influence the narrative to favour one party over another.
Obviously Ramadollar is involved
Brilliant 🤬
Those banks must be further downgraded to junk status. Can't wait for the Financial Action Task Force to sanction those racists banks who can't provide loans to black small businesses but quick to cooperate with money launders possibly funding terrorism.
🤣😁🤣😁🤣 the same banks where closing ANC RET forces accounts?
So Kak24 none of your so called useless journalists are capable of doing this impeccable investigation?
Whoever said “crime doesn’t pay” fooled us, he just wanted to eat alone
runawayrene All compliance personnel in banks must be subjected to compulsory lie detector tests on a quarterly basis and the head of compliance should be held personally responsible for breaches😡😡😡
Xee_GP news24 everything was reported last year by Scorpio and there is nothing new we dint know . Are you a real news outlet or what
Has anyone researched the Casinos iro money-laundering?
With the never ending downgrading to junk status, here's another episode 😢
What is happening in Zim is nothing compared to the large scale looting and money laundering happening under this criminal regime of a criminal President, Cyril Ramaphosa. Bejani Chauke is the Uebert Angel of South Africa.
Thanks to Al Jazeera we have credible news source. I gave up on SA media long ago. Now news 24 has turned to be a reporter for Al Jazeera. Report on State Capture or something to do with Zuma as usual
😂🤣 inequality.
Name the thugs please
Viva
I will say that the administration of this company is working very hard to see that everything goes well with all investors millywebdeve