Pressure mounts on corporates over ethical leadership
The entanglement of some of the world’s top companies in state capture allegations over their work for Gupta-linked entities has put business ethics in the spotlight, writes Legalbrief. In a week in which UK PR firm Bell Pottinger filed ...
How McKinsey, Trillian planned for Eskom billions
Eskom, global consultants McKinsey and local Gupta-linked Trillian have had their reputations battered over a R1.6bn contract with the power utility, writes Legalbrief. Now, a joint investigation by amaBhungane and Scorpio, carried on the Daily Maverick site, claims an ...
Probe into secret slush fund cash for ‘ghost’ firm
The crime intelligence unit, which has been plagued by scandals over the years, is again in the spotlight as the Independent Police Investigative Directorate (Ipid) looks into the award of nearly R0.5m from its secret slush fund to a ...
‘Radical economic transformation’ theft – Rupert
Billionaire Johann Rupert says ‘radical economic transformation’, the policy championed by President Jacob Zuma to reduce racial inequality, is no more than theft, notes a report on the BusinessLIVE site. ‘Radical economic transformation is just a code word for theft ...
Bid to block Gupta ‘heist’ of PIC’s R1.8trn
Zuma’s battle over graft charges resumes today
Ramaphosa floats idea of lifeboats for SOEs
Gordhan urges whistleblowers to help fight graft
DA wants answers over R70bn contracts with China
Duduzane Zuma to ditch R850m shares in Gupta firms
Unions call for accountability on corruption
No foul play in disciplinary hearing – SARS
Removal firms face Tribunal over e-toll charges
Increased demand for auditor rotation
Accountants get new guidelines in fraud fight
Non-compliance headache for SARS
SA business in a quandary over KPMG ties
SA business leaders and company directors have come face to face with a critical ethical decision: Should they part ways with KPMG or not? In an analysis on the Daily Maverick site, Dr Iraj Abedian, CE of Pan-African Investment and ...
A Matter of Justice
'National psyche' must change to fight graft – judge
One of SA’s most senior judges has urged a change to the ‘national psyche’ in the fight against corruption and maladministration, legal writer Carmel Rickard notes in her A Matter of Justice column on the Legalbrief site. Delivering the ...
Rest of Africa
Millions leak out of Malawi’s health system
Millions of rands seeped out of Malawi’s public health system last year through fraud, payroll manipulation and unauthorised payments, a leaked report from the office of Malawi’s Auditor-General has revealed. A report on the Daily Maverick site notes ...
Burkino Faso officials charged over poll funds graft
The president of the Higher Council of Communication (CSC) in Burkina Faso, has been detained and charged with a range of financial crimes. Nathalie Some is in detention, along with her administrative and financial director Sere Souleymane, while other suspects ...
Corruption fuelling ivory trade – study
Sophisticated international trafficking of ivory in central Africa is being fuelled by high levels of corruption, according to a new report. The study by wildlife trade monitoring network Traffic said weak governance, corruption and shifting trade dynamics are seriously undermining ...
Australian whistleblowers in line for bounty
The Australian Government should set up a new body to oversee whistleblowing allegations against corporates, protect whistleblowers against reprisals, and offer them bounty-style financial rewards for coming forward, according to a federal inquiry. A report in The Sydney Morning Herald ...
Bitcoin a fraud, says top bank boss
Bitcoin is a fraud that will ultimately blow up, according to JP Morgan boss Jamie Dimon, who said the digital currency was only fit for use by drug dealers, murderers and people living in places such as North Korea, states ...
IOC accused of ‘doing nothing’ about corruption
A senior official of the International Olympic Committee (IOC), Dick Pound, has accused it of ‘doing nothing’ about its growing corruption crisis, says a BBC News report which notes several IOC officials have been implicated in corruption in 2017. In ...
Chinese Ponzi scheme boss jailed for life
* Struck-off attorney Sundeep Singh – who admitted to stealing more than R3.7m from his clients – has been given wholly suspended jail sentences totalling 28 years. One of the conditions of the suspended jail sentences is that he must repay ...
* An Eastern Cape businessman is expected to appear in the Port Elizabeth Commercial Crime Court tomorrow on charges of fraud and uttering involving R24m. The Hawks said the man allegedly submitted fraudulent tax certificates and false referral letters to get ...
* The case against alleged fake lawyer, Brenda Wardle (56) was once again postponed in the Port Elizabeth Commercial Crimes Court this week. The so-called legal analyst, who is conducting her own defence, is still not trial ready, the court heard ...