The Namibia Press Agency, (NAMPA), was established in 1991 as a national news agency responsible for the distribution of local, regional and international news.

Financial Service Conduct Authority launches probe into R340 million SALA investment deal

Contributed by NAMPA / ANA.

Financial Service Conduct Authority launches probe into R340 million SALA investment deal
ANA Reporter
JOHANNESBURG, May 17 (ANA) - The Financial Service Conduct Authority (FSCA) is investigating allegations of corruption and maladministration in the South African Local Authorities (SALA) pension fund deal with an investment management company.
At the centre of the allegations of impropriety is Sampada Private Equity, which some senior managers at the municipal fund claim entered into a qu ...

 

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