Financial Intelligence Centre recovers R3,3 billion from criminal deals

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The Financial Intelligence Centre (FIC) recovered criminal proceeds to the value of R3,3 billion in the 2020/21 financial year.

Suspected proceeds of crime that had been frozen were valued at R613,2 million, while suspicious and unusual transaction reports that had been received were in the region of 394 709.

These are some of the shocking figures detailed in the FIC annual audit report circulated on Tuesday.

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