Here’s why Fana Hlongwane’s bank account was closed

South African businessman Fana Hlongwane’s accounts were closed by Absa because the bank viewed him as a high risk‚ politically exposed client. And the High Court in Pretoria has now ruled that the bank was within its rights to close his accounts.Hlongwane‚ who has kept a low profile over the years‚ has long courted controversy with his name featuring prominently in the arms deal investigation‚ the former public protector’s state capture report and a probe by anti-corruption agencies in the UK ...