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Fica bill delay ‘good news for criminals’

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Johannesburg - Business Leadership South Africa (BLSA) says only criminals are benefiting from President Jacob Zuma’s delay in signing the Financial Intelligence Centre Act amendment bill into law.

BLSA deputy chairman Bonang Mohale told City Press that the amendment was key to South Africa’s fight against corruption and white-collar crime, and the country’s global standing as a fighter against money laundering and terrorism.

“The only people that have any reason whatsoever to be concerned about these amendments to an already existing act are criminals, thieves and terrorists,” Mohale said.

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