SOUTH AFRICA’S CASINOS STRUGGLE TO COPE WITH A TIDE OF ORGANISED CRIME
October 1st, 2007
BY BILL CORCORAN, in Johannesburg
LAST year, South Africa's Reserve Bank Governor Tito Mboweni openly accused South African casino resorts, such as Sun City and Johannesburg's Emperor's Palace of undermining the state's attempts to catch money launderers.
Mboweni alleged the country's casinos were thwarting efforts to combat cash-in-transit heists because they continued to accept banknotes previously stained to render them unusable in case they are stolen, either over the counter or through casino bill validating machines.
"It would be helpful if they ...
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