Media Advisory
Historic partnership between Department of Justice and Constitutional Development and SABRIC to combat financial crime and corruption
30 August 2024
The Department of Justice and Constitutional Development (DOJ&CD) and the South African Banking Risk Information Centre (SABRIC) are set to take a historic step in the fight against financial crimes and corruption in South Africa. On 2 September 2024, the Director-General of the DOJ&CD, Advocate Doc Mashabane, and the Chief Executive Officer of SABRIC, Mr Nischal Mewalall, will formally sign a Memorandum of Understanding (MOU) between the Brigitte Mabandla Justice College (BJMC) and SABRIC, marking a significant milestone in the nation’s efforts to combat these pervasive issues.
This signing ceremony, will be attended by the Chairperson of SABRIC and Managing Director of the Banking Association of South Africa, Ms Bongiwe Kunene.
Under the visionary leadership of Advocate Mashabane and Mr Mewalall, this MOU represents a pivotal collaboration aimed at enhancing the security and integrity of the South African financial system. The partnership is a testament to the Department’s commitment to fortifying relationships with critical stakeholders in the financial and banking sectors.
The MoU outlines several areas of cooperation, including mitigating financial and cybercrime risks, developing and implementing digital capabilities, and enhancing capacity-building and skills development within the sector.
Members of the media are invited to attend this significant event:
Date: 02 September 2024
Time: 08:30
Venue: Brigitte Mabandla Justice College, 332 Johannes Ramokhoase Street, Tshwane (Gauteng Province)
For media confirmations, please contact:
Mr Victor Mateane Phala on 084 888 5162
Enquiries:
Ms Kgalalelo Masibi
Chief Director: Communication Management
Cell: +27 65 7470 323
Email: Mediaenquiries@justice.gov.za
Issued by the Department of Justice and Constitutional Development
