Role of Gupta allies in Transnet’s R54bn deal exposed
A scathing draft report by lawyers tasked with probing Transnet’s procurement of 1 064 locomotives at a cost of R54bn has thrown the book at former CEO Brian Molefe and former CFO Anoj Singh, writes Legalbrief. The report recommends that ...
Probe into corruption allegations at state enterprises
Corruption allegations, both historical and current, against the Hawks and forensic units of state-owned enterprises, will be the subject of a joint investigation by the Special Investigating Unit (SIU), reports BusinessLIVE. Public Enterprises Minister Pravin Gordhan said in a written ...
Former Eskom boss Anoj Singh to face music
The SA Institute of Chartered Accountants (Saica) has laid charges of misconduct against former Eskom chief financial officer Anoj Singh, who allegedly played a pivotal role in the looting of Eskom by the Gupta family and their associates. BusinessLIVE notes ...
PIC minutes doctored to clear CEO - Holomisa
An affidavit claims an internal investigation into Public Investment Corporation (PIC) CEO Dan Matjila was doctored to exonerate him of wrongdoing involving a R21m payment to a company belonging to a woman thought to be his girlfriend. A Sunday Times ...
Msunduzi municipal boss faces graft probe
Fraud accused keeps his government job
Church members jailed for R7.9m insurance scam
Department shuts down corrupt regional offices
City roads boss re-appointed amid graft probe
Probe into Knysna corruption claims
Hawks advised to probe Zuma arms deal claim
Bail for ex-Crime Intelligence boss accused of graft
CA plotted to cheat tender process, court hears
Legislation: More hearings on Public Audit Bill
The NCOP’s Finance Committee has scheduled a second round of parliamentary hearings on the Public Audit Amendment Bill for 26 June, in anticipation of which interested and affected parties have until 22 June to make written submissions, notes Pam Saxby for Legalbrief Policy ...
How Zuma and his allies brought SARS to its knees
The intrigue behind the destruction of SARS, once the model tax collection agency, is recounted in a report in The New York Times which says it all started with the messy financial affairs of former President Jacob Zuma, one of ...
Rest of Africa
Lifestyle audits a witch-hunt – Kenya lawmakers
Two Kenyan lawmakers from the ruling Jubilee Party have dismissed a presidential directive for a lifestyle audit of all public servants, describing it as a political witch-hunt targeting one community. A report on the IoL site notes the Daily Nation ...
Kenya youth training scheme graft accused get bail
Kenya’s High Court has released all 43 suspects charged with the $100m graft scandal at the National Youth Service (NYS), but with stringent terms. The suspects were arrested in late May during investigations into money lost at the government-run training ...
Bribe video ‘doctored’, claims disgraced football boss
The second-most powerful man in African football has dismissed a video of him allegedly taking a bribe. As previously reported in Legalbrief Today, former Ghana Football Association head Kwesi Nyantakyi was shown receiving $65 000 from an undercover reporter. However ...
Panama Papers firm did not know 75% of clients – leak
The offshore firm at the heart of the Panama Papers leak did not know who as many as three-quarters of its clients were at the time of the exposé, according to an investigation. A report in The Guardian says the ...
Audi CEO arrested over emissions cheating scandal
The chief executive of Audi has been arrested, the most senior Volkswagen official to be taken into custody over the emissions cheating scandal. A report in The Guardian notes prosecutors in Munich said Rupert Stadler was being detained amid fears ...
UK accounting watchdog turns up heat on KPMG
The auditing work of one of the world’s ‘Big Four’ accounting firms has been sharply criticised by the industry’s watchdog. KPMG audits had shown an ‘unacceptable deterioration’ and will be subject to closer supervision, the Financial Reporting Council (FRC) said ...
Hackers steal $31.5m from cryptocurrency exchange
* The Hawks in the Northern Cape have arrested six senior managers on charges of fraud and corruption following a two-year investigation into allegations of gross irregularities in the awarding of tenders worth R11m at the provincial Health Department.
* The Durban Specialised Commercial Crimes Court yesterday (Wednesday) postponed the case of 16 suspects implicated in allegations of fraud and corruption at the Howick driving licence testing centre in KZN to 7 August, the Road Traffic Management Corporation said.
* Nelson Mandela Bay councillor and convicted fraudster Bongo Nombiba has launched another attempt to be released on bail. The bail application has been brought pending a petition to the Judge President of the Eastern Cape High Court (Grahamstown) after his ...