NPA's skills challenges laid bare with Koko setback
After suffering another big blow this week in its fight against state capture, the NPA's Investigating Directorate (ID) has blamed the setbacks on the lack of specialised forensic personnel to help it unravel complex matters, notes Legalbrief. This after the Middelburg Specialised ...
Concern as MPs stick to early two-pot pension date
Parliament and Treasury are at odds over the two-pot retirement reform implementation date, reports the Daily Maverick. The much-lauded new system should be implemented from 1 March next year, Parliament’s Finance Committee motivated on Tuesday – in direct opposition to ...
Preservation order lifted on Lottery-linked Rolls Royce
A preservation order on former National Lotteries Commission (NLC) board chair Alfred Nevhutanda’s R6.3m Rolls Royce Phantom has been lifted because the vehicle has fallen ‘into the hands of an innocent third party’, reports GroundUp. In September, after the ...
Coronation bill expected to balloon with legal challenge
Coronation Fund Managers, which currently owes SARS R761m in disputed taxes, could see that liability grow further if a pending Constitutional Court case on the issue drags on, reports Fin24. When the Cape Town-headquartered asset manager released its interim results ...
Service provider liable for R3.1m stolen by cyber criminals
Wally Rhoode dined with Phala Phala suspects – PP
SIU assesses Bosasa liquidation complaint
Calls for tougher action against currency manipulators
Gagging order against actuary overturned
Woman charged with relative's insurance murder
Judgment reserved in Sekunjalo bank dispute
Parliament to investigate secretary’s R1.8m salary hike
State discloses docket in Dudu Myeni fraud case
Brics co-ordination key in transnational graft fight - NDPP
Tribunal allows intervention in Vodacom, Vumatel hearings
Alleged R4.2m forged signature under scrutiny
Mango BRP wants court order enforced
Corrupt prosecutor finally jailed
Former Hawks officer faces long jail terms
Extortionists guilty of Khayelitsha mass shooting
SIU aims to recoup R3.4bn from irregular SAA contracts
FSCA warns about GS Partners' 'unrealistic returns'
Ex-EFF leader faces Unisa lawsuit over graft comments
Tribunal scuppers Dulux, Plascon merger
Convicted fraudster's sentence appeal dismissed
Fort Hare murder accused linked to corruption probe
Medical aid schemes losing billions to fraud
Proposed tax changes boost anti-greylisting plans
Fraud accused businessman gets bail
Idac a retrogressive step in countering corruption
Establishing an Investigating Directorate Against Corruption (Idac) is a retrogressive step that, in essence, winds back the clock to the time that the Scorpions unit was set up within the NPA by Penuell Maduna, writes Paul Hoffman on the Accountability ...
Rest of Africa
Nigeria drops $1.1bn claim against Eni
Nigeria plans to withdraw civil claims totalling $1.1bn against Eni SpA, ending a long battle in Italian courts over allegations of corruption in an oil field deal. Punch reports the Ministry of Justice will waive the claims before Italy’s ...
Kenyan lawyer to pay back funds from ‘fraudulent’ deal
A prominent Kenyan lawyer has been ordered to personally pay Kshs1m (about $46 000) to the country’s Ethics and Anti-Corruption Commission (EACC). In a decision handed down last week, High Court judge Esther Maina said Joseph Owino Kojwando had acted ...
Nigeria punts regional framework to fight financial crimes
Nigeria on Monday called on the Action Group Against Money Laundering in West Africa (GIABA) to develop an institutional framework for the enforcement of financial crimes regulations in the sub-region, reports Premium Times. The Attorney-General of the Federation and Minister ...
Namibian businessman charged with tender irregularities
$50m fine for Binance CEO after guilty plea agreement
Changpeng Zhao, founder of Binance, the world’s largest cryptocurrency exchange, agreed to resign from the company and plead guilty to money laundering this week. A report in The Guardian notes that as part of a guilty plea, Zhao agreed to ...
Shakira pays over €7.3m to avoid fraud trial
Colombian pop star Shakira on Monday reached a settlement with prosecutors to avoid a trial in Barcelona over charges she failed to pay €14.5m in Spanish income tax between 2012 and 2014. As part of the deal, she accepted ...
More than 200 sentenced in Italy’s biggest Mafia trial
More than 200 defendants in one of Italy's biggest mafia trials for generations have been sentenced to a total of more than 2 200 years in jail, reports BBC News. The trial of individuals allegedly linked to the 'Ndrangheta ...