Part 2: Legal difficulties in the rand manipulation case.

Last week, UK-based Standard Chartered Bank reached a settlement with the Competition Commission for colluding with 27 other banks to manipulate the rand and agreed to pay around a R43-million fine to resolve the case. Yesterday, we tackled the economics of this case with Wits School of Governance’s Professor Alex Van Den Heever. This morning, Legal Expert Mpumelelo Zikalala joined Sizwe Dhlomo for the second part, looking at South Africa’s legal recourse to hold those banks accountable.