Historically, it was clear Sarb had serious suspicions that Steinhoff may have contravened a list of exchange control legislation. This short series of two stories offers new insight into Sarb’s suspicion and the complicity of one of its own.
Sarb’s acutely embarrassing dilemma of divisional head at Sarb’s Financial Surveillance department, Raymond Paola, had been kept airtight for nearly three years. Neither formal nor informal questions posed nor a PAIA application could move Sarb representatives to pull back the blanket from the Paola case. Over time, Scorpio collected a number of documents and background information in an attempt to build the puzzle.
Read the full article by Pauli van Wyk at Daily Maverick.
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