FSRA CEO Accused of Blocking Payments to Investors

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FSRA CEO Accused of Blocking Payments to Investors
FSRA CEO Accused of Blocking Payments to Investors

Africa-Press – Eswatini. Ncamiso Ntshalitshali, the Chief Executive Officer (CEO) of the Financial Services Regulatory Authority has been accused of blocking the payment of millions due to members collapsed Status Capital Building Society(SCBS) investment scheme.

EmaSwati who invested their monies resolved in a Whatsap group to contact editor Zweli Martin Dlamini urging him to make a follow-up with FSRA regarding the payments, this was after Status Capital permanent member Dave Van Niekerk confirmed to this publication that he has already paid about R35million and another R10million.

Nokwanda Dlamini, the Spokesperson of the Financial Services Regulatory Authority said, the CEO will respond later about these issues.

Hundreds of emaSwati lost millions in the now defunct Status Capital Building Society investment.

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