Loyiso Langeni
14 September 2015
The National Credit Regulator has conducted raids
in the Western Cape in the past week to root out credit providers who are
contravening the National Credit Act.
NCA chairperson Didi Sedothma says areas that were
affected include Woodstock, Wynberg, Bellville, Strand, Paarl, and Wellington.
Sedothma said “we have arrested five individuals
who contravene to the National Credit Act with one additional person to be
arrested by South African Police Service,”
“We found out these people were in possession of 71
pension cards, seven ID and five bank cards,” Sedothma added.
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