SATURDAY PROFILE | Unathi Kamlana: Maybe Hawks more disappointed than FSCA at Jooste's death
The Financial Services Conduct Authority fined Markus Jooste R475 million before he died by suicide, while this week it fined a crypto advocate R216 million. Commissioner The news of Markus Jooste's suicide the day after the Financial Services Conduct Authority imposed the largest fine on an individual, R475 million, came as a shock to the regulator.
Commissioner Unathi Kamlana said in his cool, considerate, and courtly voice"this came as a surprise" because the industry body had been engaging with Jooste on this matter for more than a year, while investigating him for at least six years.South Africans need to be in the know if we want to create a prosperous future. News24 has kept the country informed for 25 years, and we're about to enter a new chapter of fearless journalism.
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