Acqumen Fund Hit With R2 Million Penalty
The Financial Sector Conduct Authority (FSCA) has imposed an administrative penalty of R2 000 000 (two million rand) on Acqumen Fund Limited (Acqumen Fund) and its director, Mr Mohamed Ebrahim Amod (Amod), jointly and severally. The FSCA further debarred Mr Amod for a period of 12 years and Mr Junaid Ebrahim Salejee (Salejee) for a …