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FSCA sanctions trustees of Private Security Sector Provident Fund

The officials were found to have failed in their fiduciary duties due to actions including paying themselves to attend a golf day ....

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Watchdog orders massive fines, removal of trustees from security guards' retirement fund

SA’s financial watchdog has ordered that five members of the board of trustees of the Private Security Sector Provident Fund be removed for improper conduct, including receiving R8 000 for attending a golf day. ....

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