UK’s Standard Chartered to testify in rand manipulation case: Presidency
Minister in the Presidency, Khumbudzo Ntshavheni, says UK's Standard Chartered has agreed to testify as a witness in the prosecution of banks that colluded in the manipulation of the rand over the years. The bank is one of the five financial institutions that have admitted to taking part in the alleged foreign exchange manipulation scheme, 16 years ago. It is understood that they and 27 other local and international banks […]