These suspicions are due to the rapid proliferation of these NPOs and the lacklustre monitoring of their activities by the responsible authorities and are compounded by weak or non-existent legislative controls on the activities of the organisations.
The Financial Action Task Force has warned against countries being used as conduits for illicit money flowsThere are growing fears that some nonprofit organisations in the country could be used as conduits to channel funds that may be utilised for terrorism
financing, money laundering and the general illicit movement of funds.Get 14 days free to read all our investigative and in-depth journalism. Thereafter you will be billed R75 per month. You can cancel anytime and if you cancel within 14 days you won't be billed.
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