Bid to crack down on delinquent municipalities
Government appears to be losing patience with serial underperformers in the wake of this week’s release of Auditor-General Kimi Makwetu’s report on local government audit outcomes, writes Legalbrief. Poorly performing municipalities, which perennially attain disclaimers from the Auditor-General ...
PetroSA joins long line of limping SOEs
Another state-owned enterprise (SOE) looks set to join the long list of failures as corruption, mismanagement and ballooning losses take their toll, writes Legalbrief. News that PetroSA is the latest state-owned enterprise under fire for bleeding out billions in losses ...
Row over taxpayers’ R7.8m for MK veterans indaba
Deputy Minister of Military Veterans Kebby Maphatsoe is said to have strong-armed his DG into forking out almost R8m to fund a conference of the Umkhonto weSizwe Military Veterans’ Association. The Sunday Times says it has seen a letter from ...
Fund anti-corruption litigation – Malema
EFF leader Julius Malema has told property owners to help fund ongoing litigation aimed at fighting corruption. According to a report in The Mercury, Malema said at the SA Property Owners Association conference in Cape Town yesterday: ‘If the private ...
Battle over grants deductions may not be over
Zuma’s wife caught up in alleged swindle of pensioners
DA welcomes probe into Gupta lawyer
Court dismisses anti-graft trainer’s R5m claim
Forex trading boss accused of R5m Ponzi
Crack Hawks squad probing municipal graft scrapped
Gupta backer lays graft charges against Gordhan, Nene
SA drained of R1.5trn in 10-year period – MP
Alleged Ponzi pastor’s home sold for R4.6m
Moving SA from a predatory to developmental state
The prevailing economic crisis sweeping through SA is a direct result of economic mismanagement, largely shaped by the looting of state-owned enterprises (SOEs), UCT academics Misheck Mutize and Sean Gossel note in an article on The Conversation site. They say ...
Rest of Africa
Tanzanian directors charged with graft
Two Tanzanian energy magnates have become the first big industrialists to be charged over a multimillion-dollar corruption scandal that led to the sacking of several top officials three years ago. A 2014 audit created an uproar after revealing a fraudulent ...
Gaddafi 'missing millions' inquiry ignored by SA
The SA Government, the ANC and Denel ignored the UN’s panel of experts on Libya when they inquired about the so-called Gaddafi millions and a strange weapons transaction. This is contained in the UN panel’s report to the ...
Barclays charged with fraud over 2008 financial crisis
Barclays and four former executives have been charged with fraud over their actions in the 2008 financial crisis, notes a BBC News report. The Serious Fraud Office case relates to the way the bank raised billions of pounds from Qatari ...
Top coach Mourinho accused of tax fraud
Manchester United boss José Mourinho has been accused of tax fraud by Spanish prosecutors investigating his time as Real Madrid’s head coach, according to a BBC News report which says the Portuguese manager is accused of defrauding Spain of ...
Former union leader accused of $500 000 fraud
Former corruption-busting unionist, Kathy Jackson, faces 164 criminal theft and fraud charges for allegedly misappropriating hundreds of thousands of dollars from Australia’s Health Services Union. The Sydney Morning Herald says Jackson appeared this week in the Melbourne Magistrates Court ...
Brazil’s President accused of taking bribes
US seizes $2m from North Korea ‘front company’
Ex-Swiss banker tells of multimillion-dollar Fifa bribes
US in bid to seize $540m in assets over Malaysia scandal
* Two senior officials in the Gasegonyane Municipality in the Northern Cape have been arrested and charged with fraud estimated at R9.8m. Hawks spokesperson Captain Philani Nkwalase said yesterday (Wednesday) that an investigation revealed irregularities in which a company that ...
New online tender scam flagged
New online tender
The national Department of Health has warned against an online scam in which fraudsters use departmental letterheads to send fake tenders to companies and request them to supply equipment and goods. When the companies search ...