TimesLIVE·3 min read·medium

Reserve Bank found no forex violations by Mapisa-Nqakula, court hears

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Innocentia Nkadimeng
Reserve Bank found no forex violations by Mapisa-Nqakula, court hears
AI Summary

A South African Reserve Bank investigator testified that he found no evidence of foreign exchange violations by former defence minister Nosiviwe Mapisa-Nqakula. The testimony challenges the state's case regarding alleged bribes, specifically contradicting a witness's claim about a cash handover in 2018.

Evan Haezer, an investigator in the compliance and enforcement division of surveillance at the South African Reserve Bank (Sarb), testified that he made no adverse findings regarding former defence minister Nosiviwe Mapisa-Nqakula , noting that nothing in her account records reflected negatively on her.

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