Defiant Zuma gets his day in court
It’s been dubbed the corruption trial of the century and, for the first time, there is no turning back for former President Jacob Zuma who expressed a burning desire to have his day in court (while deploying every possible legal ...
No extra funding for Zondo Commission
No additional funding has been directed to the State Capture Commission despite the High Court this week granting it an extra three months to complete its work, As a result, the commission, chaired by Deputy Chief Justice Raymond Zondo, has ...
VBS liquidators sue KPMG for R863m
The liquidators of VBS Mutual Bank that collapsed due to the epic fraud and plunder by its former owners and managers is seeking to reclaim nearly R1bn from audit firm KPMG, which signed off its accounts at the time the ...
Premier threatens Covid-19 criminals
Those who are responsible for corruption during the Covid-19 pandemic will be thrown behind bars and the provincial government will work hard to win back people's trust, Gauteng Premier David Makhura promised on Tuesday. ‘We will fight back through ...
Dispute over stadium revamp
Nasrec voting probe stalls again
Independent Media claims it's being spied on
Agrizzi stalls Bosasa proceedings
UIF officials face hearings over alleged Ters fraud
GEMS hit by allegations of fraud, tender-rigging
Date set for Jazz Festival graft case
‘A difficult case’, says Hlophe on Bongo discharge bid
Capital regulatory relief for banks revised
In ‘appropriately’ conserving the capital necessary to ‘retain their capacity to support the real economy’ in the face of ‘heightened’ Covid-19-related uncertainty, banks have been advised not to use ‘the benefits of the regulatory relief measures provided in 2020’ for ...
Mboweni addresses objections to SARB Bill
Finance Minister Tito Mboweni has explained government’s ‘fundamental objections’ to the SA Reserve Bank (SARB) Amendment Bill tabled in 2018 by the EFF’s Julius Malema and still before Parliament, reports Policy Watch. In a written reply to questions from DA ...
How SA will recover stolen funds
Government is taking decisive steps to recover assets, money and intellectual properties stolen from SOEs as part of State Capture. That’s according to Public Enterprises Minister Pravin Gordhan who said most of the funds were sent out of the country ...
Financial emigration law will prompt exodus – expert
The biggest danger of the financial emigration law amendment that comes into effect on 1 March is it could mean the total emigration of the country’s tax base. According to a report in The Citizen, between 500 000 and 600 ...
Rest of Africa
Bushiris obtain injunction ahead of extradition hearing
Prophet Shepherd Bushiri and his wife, Mary, have obtained a court injunction stopping Malawi police from arresting them. The High Court (Lilongwe) granted the injunction following reports that the authorities were planning to detain the fraud suspects. The Nyasa Times ...
Swapo MP linked to ‘Fishrot’ scandal
Swapo MP Tobie Aupindi is the latest ruling party politician to be linked to the Fishrot corruption scandal. He is accused of receiving up to N$1m from Icelandic seafood company Samherji. Legalbrief reports that several suspects have been charged ...
Ghanaian footballer claims loss of $1m
Ghanaian footballer Benjamin Acheampong says he has been duped out of $1m following a row with Egyptian giants Zamalek dating back to 2018. This despite the Court of Arbitration for Sport ordering the five-time African champions to pay him two ...
Lesotho accused of ignoring human trafficking warnings
Windhoek refuses to cover national carrier’s debt
West African arrested over ‘romance-scams’
Supreme Court allows access to Trump tax returns
The US Supreme Court has rejected Donald Trump’s efforts to block a New York prosecutor from obtaining his tax records, in a big blow to the former President as he grapples with several criminal probes. According to a Financial Times ...
GameStop investor hit with class action lawsuit
A man who became a key player in frenzied trading of GameStop shares last month has been hit with a class action lawsuit. A BBC News report notes that Keith Gill, known as 'Roaring Kitty' on YouTube, allegedly duped retail ...
BRP, former legal advisers sued over H&W liquidation
The liquidators of Harrison & White Investments (H&W) have sued the company’s directors, its business rescue practitioner (BRP) and its former legal advisers for R110m for delaying the ‘inevitable’ liquidation of the company by more than three-and-a-half years, according to ...
UK data protection law gets European approval
Mdluli’s graft trial postponed
* The Gauteng High Court (Pretoria) has postponed the trial against convicted former Crime Intelligence (CI) boss Richard Mdluli and two others. The matter was adjourned to allow Mdluli, who is serving five years' imprisonment for a kidnapping and assault case ...
Ex-Eskom execs charged with fraud
* Two former Eskom executives, facing charges of fraud, corruption, money laundering, offering unauthorised gratifications and receiving unauthorised gratification in connection with Eskom Kusile R745m corruption and fraud case, appeared briefly in the Palm Ridge Commercial Crimes Court on Tuesday. ICD ...