By Newsbreak Producer Tashlan Naidoo - Economist, Iraj Abedian says the South Africa's removal from the Financial Action Task Force's (FATF) grey list is a step in the right direction, but a lot more needs to be done to maintain its status. It emphasises that Government has worked tirelessly to address all the deficiencies reflected in the 22 action item plan agreed between South Africa and  FATF. The global financial crime watchdog placed South Africa on the greylist in 2023, citing the country's failure to comply with international standards around the prevention of money laundering and terrorist financing. Abedian says there needs to be clamp down on looting of state funds and corruption, and those found guilty must be held accountable...