FIC confirms that giving banking details to public protector is lawful

FIC confirms that giving banking details to public protector is lawful

5.9.2019

FIC confirms that giving banking details to public protector is lawful

The body insists that the information provided to the public protector was both obtained and disseminated lawfully in terms of the Financial Intelligence Centre Act.

“The FIC wishes to state emphatically that the information provided to the office of the public protector was both obtained and disseminated lawfully in terms of the Financial Intelligence Centre Act,” read part of the statement.

In addition, FIC said that it was monitoring the legal fight between Ramaphosa and Mkhwebane and it would seek permission to intervene in the case if the need arose.

According to Ramaphosa’s lawyers, the FIC is legally only allowed to have access to banks’ private client information for the purposes of combating financial crimes.

Read more: The Citizen News

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Giving banking details to Public Protector is lawful: FICThe Financial Intelligence Centre has confirmed that it is monitoring the legal fight between President Cyril Ramaphosa and Public Protector Busisiwe Mkhwebane - and if there is a need, they will seek permission to intervene in the case.

Giving banking details to Public Protector is lawful: FICThe Financial Intelligence Centre has confirmed that it is monitoring the legal fight between President Cyril Ramaphosa and Public Protector Busisiwe Mkhwebane - and if there is a need, they will seek permission to intervene in the case.

Busisiwe Mkhwebane accused of threatening racing body PhumelelaSA’s largest horse-racing body says public protector's findings were a ‘massive overreach of public protector's powers’

Banking Association unpacks role of FIC amid Ramaphosa leaksPresident Cyril Ramaphosa’s legal team has accused the FIC of unlawfully leaking bank account statements linked to his CR17 campaign.

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