Phala Phala couch cash was 'security deposit'
Not a final payment
The governor said bank was careful of not overstepping its mandate, adding it only probed whether exchange control regulations were broken.
The South African Reserve Bank (SARB) governor Lesetja Kganyago has defended the bank's investigation into Phala Phala, telling MPs its probe found that the US$580 000 in cash hand
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