Almost R60 billion flows out of SA illicitly

Llewellyn Prince, Media 24 Parliamentary Bureau 2017-03-16 06:10 Nearly R60 billion left South Africa illicitly in the 2015-2016 financial year, and it appears that the country has no strategy to curb the problem. Murray Michell, director of the Financial Intelligence Centre, told a sitting of Parliament that about 9 million suspected transactions were reported to…