FSCA finalises probe into Gundo Wealth Solutions

JOHANNESBURG - The Financial Sector Conduct Authority have finalised their probe into Gundo Wealth Solutions and Ralliom Razwinane following suspected financial breaches regarding advice given to clients to invest in VBS bank.

One of the clients was the Polokwane Local Municipality, of which Justice and Constitutional Development Minister Thembi Simelane was mayor at the time.

To discuss these findings we are joined by Phumeza Mabuza, head of investigations at the FSCA.