50 SA NGOs under probe for terror funding

Mthobisi Nozulela

THE Department of Social Development has revealed that 50 non-profit organisations across the country are under investigation for alleged involvement in terror financing and money laundering. The move is part of the government's efforts to crack down on dubious NGOs, following the Financial Action Task Force's (FATF) classification of South Africa as a medium-risk country. In 2023, the global financial crime watchdog also grey listed South Africa for failing to adequately prevent money laundering and terrorist financing, citing weaknesses in law enforcement, insufficient prosecutions, and a lack of transparency in beneficial ownership information. It also identified several key areas the government must improve to move out of the grey list. Since then, the government has taken steps to ensure that it complies with the FATF recommendations and has expressed hope…

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Star South Africa (Digital) - 1 Issue, 2025-03-07

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