Strong African link to FinCEN scandal
Leaked documents involving about $2trn in transactions have revealed how some of the world's biggest banks have allowed criminals to move dirty money around the world. It's the latest in a string of leaks over the past five ...
How SAP defied graft warnings
Software giant SAP was warned five times over five years that paying commissions for help in securing public sector contracts in SA was an invitation to corruption. But, for the most part, these warnings were ignored, former SAP Africa chief ...
No sign that corruption was 'slowing down' – judge
As yet more evidence of alleged corruption of Free State Government coffers were detailed before him this week, State Capture Commission Judge Deputy Chief Justice Raymond Zondo expressed frustration and concern that corruption in SA was not disappearing. BusinessLIVE reports that Zondo ...
Police among most corrupt, new report says
Police were among the most corrupt during the coronavirus pandemic, Corruption Watch says in its 2020 edition of the Analysis of Corruption Trends (ACT) report, released on Tuesday. Melusi Ncala, the primary researcher for the report, said: ‘The reports we ...
High Court date for Mdluli's stalled 'slush fund' case
Saica complaint against Lotteries COO
Editor triumphs in tender spat
Concern over 'staggering' PPE error
Guptas' tax bill jumps to R80m
KPMG 'reparations' for SARS 'rogue unit' victims
Lawyers' roles in dubious RAF claim questioned
Move to block Myeni’s application
FSCA probes data dump
Eskom COO cleared in another report
Supporters attack judge for 'demonising' Zuma
Eskom ordered to pay Aveng
DA calls on Minister to explain changed job advert
‘Prudent’ policies, reforms needed – SARB
While the SARB has taken ‘important steps’ to ensure ‘adequate liquidity in domestic markets’ during the Covid-19 epidemic – and ‘regulatory capital relief’ has sustained ‘lending by financial institutions to households and firms’, monetary policy ‘cannot on its own’ improve ...
Second legal fees discussion document published
The SA Law Reform Commission is seeking comment on a second discussion paper on legal fees and tariffs – as the next step in an investigation begun last year in terms of sections 35(4) and (5) of the 2014 ...
Why data is the new oil – regulator
Following SA’s biggest ever data heist, Chris Barron asked the Information Regulator’s chair, Advocate Pansy Tlakula, how it is able to regulate the sale of private data by credit bureaus. In a Sunday Times Q&A, she said the Protection of ...
AI systems key in identifying irregular activity
Artificial intelligence (AI) systems can be deployed to analyse data from multiple sources and identify irregular activity. Algorithms can be trained to detect patterns by wading through e-mails, text messages or audio files. In recognising patterns, these algorithms can identify ...
Rest of Africa
Sanctions imposed on former Gambian first lady
The US has imposed sanctions on The Gambia's former First Lady Zineb Jammeh after accusing her of corruption during her husband Yahya Jammeh's rule. She was suspected to have helped transfer funds illegally, the US Treasury said. BBC ...
Convicted administrator baits French authorities
Disgraced sports administrator Papa Massata Diack has baited French authorities by saying they will have to send special forces to Senegal if he is to serve a five-year jail term handed out to him in France for corruption. Diack, the ...
Ex-President angered over Mozambique graft probe
Former Mozambican President Armando Guebuza claims he is the victim of an attempt at ‘political assassination’, and is blaming Attorney-General Beatriz Buchili whom he had appointed to the post. This after Buchili's office approached the Council of State seeking ...
Nigeria to form asset recovery agency
PNG Minister warns of corrupt police force
Papua New Guinea’s (PNG) police force is the most corrupt public agency in the country, engaged in drug-smuggling, gun-running and land theft, and beset by ‘a rampant culture of police ill-discipline and brutality’, its own Police Minister has said in ...
Former Nissan exec denies helping CEO hide income
Former Nissan Motor Co Ltd executive Greg Kelly pleaded not guilty last week to charges that he helped his former boss Carlos Ghosn hide tens of millions of dollars in income. A Jurist report notes that Kelly’s trial began in ...
Litigation executive disciplined for naming client online
An employee with top-25 firm, DAC Beachcroft, has been barred from the profession after naming a client on a Facebook post. According to a Law Gazette report, Keith Howell, a litigation executive with the firm for more than four years ...
London law firm linked in corruption scandal
Law firms to benefit from business interruption ruling
R10m scooter project blocked
* The SIU has secured an order interdicting the Eastern Cape Department of Health from going ahead with the much-maligned R10m medical scooter project. Health MEC Sindiswa Gomba, departmental Superintendent-General Dr Thobile Mbengashe and the Fabkomp (Pty) Ltd appeared before the ...
Sassa loses R282m
* The SA Social Security Agency (Sassa) has lost more than R282m through fraud in the past five years. This was according to Social Development Minister Lindiwe Zulu, in responding to parliamentary questions from EFF MP Laetitia Arries, who asked about ...
Nepotism concerns flagged
* Allegations of nepotism by former chief executive Nico Bezuidenhout formed part of a forensic investigation into various claims made by a whistle-blower at SAA subsidiary, Mango Airlines, reveals a lengthy report. Bezuidenhout resigned as CEO in August and accepted a CEO ...
Board calls for probe
Telkom to settle liability
Productions head feels the heat
Couple fail to appeal in court
Contract riddled with irregularities