Investec closes accounts linked to South Africa’s political elite

October 1, 2024 By: 0 comments

<p><img src=”https://biz-file.com/c/2409/752465-208×117.jpg?5″ width=”208″ height=”117″ alt=”Source: Investec.” align=”left”><br><span >Source: Investec.&lt;/span><p>Investec Bank <a href=”https://www.news24.com/citypress/news/bank-closes-mashatile-associates-bank-accounts-over-r85m-questionable-transactions-20240929″ target=”_blank”>closed the accounts</a> of Deputy President Paul Mashatile’s associates after questioning transactions involving millions of rands linked to their company when Mashatile was ANC treasurer. The bank cited reputational risks as the reason for shutting down the accounts.</p><br> <a href=”https://www.bizcommunity.com/article/investec-closes-accounts-linked-to-south-africas-political-elite-929224a”>Read more…</a> | <a href=”https://www.bizcommunity.com/SendToFriend.aspx?l=196&c=513&ct=1&ci=252094″>Send to a friend</a></p><div style=”clear:left”></div>