SOUTH AFRICAN ORGANISED CRIME FIGURES USING MAURITIUS TO HIDE FUNDS: IRS is s…
SOUTH AFRICAN ORGANISED CRIME FIGURES USING MAURITIUS TO HIDE FUNDS: IRS is seeing more and more cases where South African…
SOUTH AFRICAN ORGANISED CRIME FIGURES USING MAURITIUS TO HIDE FUNDS:
IRS is seeing more and more cases where South African organised crime figures are using Mauritius either to reside in to try evade
prosecution, to launder and hide funds, or both.In the past two years, IRS has identified multiple instances of alleged money laundering of proceeds of crime through this island’s banking system. At the present moment, IRS is investigating five high profile cases where the suspects have made use of the Mauritian banking system to try hide their ill gotten gains.
These cases, which run into the hundreds of millions of rands, involve a Forex trading scheme which targeted hundreds of South… More
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