President Jacob Zuma addresses crowds gathered to celebrate his 75th birthday in Kliptown, Johannesburg, South Africa, April 12, 2017. REUTERS/James Oatway
JOHANNESBURG (Reuters) - South African President Jacob Zuma has signed the anti-money laundering bill FICA, which allows increased scrutiny of the bank accounts of "prominent individuals", including himself, into law, his office said on Saturday.
The country risked being kicked out of global fraud monitor, the Financial Action Task Force (FATF), if the Financial Intelligence Centre Amendment (FICA) bill was not signed by June.
Already a subscriber? Log in.
Win a prize this Mother's Day by subscribing to our annual plan now! T&C applies.
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
