End of the road for Zuma?
‘I predict that he will go to jail for sedition and the causing of this insurrection. We had the American President of the United States not accepting a peaceful transfer of power, abusing the Vice-President, and then calling for his ...
Advocate gets dressing down for Singh bungle
The Zondo Commission legal team has inadvertently brought a temporary reprieve from accountability for former Eskom CFO Anoj Singh, angering its chairperson, Deputy Chief Justice Raymond Zondo, observes Legalbrief. The bungle led to Zondo granting a postponement of Singh's ...
Premier’s office sanctioned over whistle-blower
The Office of the Premier in Limpopo committed unfair labour practice by keeping a senior official on prolonged suspension after he blew the whistle on a R500m free Wi-Fi connection scandal. This was the ruling by the General Public Service ...
Restaurant chain heir fails to remove trustees
The SCA has rejected a bid by the young heir to a popular Greek restaurant chain to have the trustees removed from the company, notes a Sunday Times report. Konstantinos ‘Kostas’ Haitas, sole heir and beneficiary of a trust set ...
Bain accused of trying to silence whistle-blower
Steroid king's global network unpacked
Attorney jailed after appealing theft conviction
Controversial asset manager appointed to Bushiri case
Judge urges lifestyle audits of the wealthy
Commission urged to hold banks to account
Jooste lodges R161m fine appeal
Did Lottery fund NPO with no bank account?
Disbarred attorney gets tongue-lashing for leading witness
Kellerman sues over ‘defamatory’ Ponzi reports
Presidential spokesperson to face the music
Corruption at Master's office exposed
SCA pension fund judgment guidance note issued
The Financial Sector Conduct Authority (FSCA) has issued a guidance note aimed at assisting the pension fund industry in ‘approaching’ a 2 November 2020 SCA judgment on Regulation 35(4) under the 1956 Pension Funds Acton. This is noting that ...
Banking regulations amended
The ‘regulations relating to banks’ were amended twice during the festive season. Gazetted on 18 and 31 December 2020, the amendments came into effect on 1 January.
Open finance paper released for comment
Input is sought on a Financial Sector Conduct Authority research report on open finance. Released last month, it is apparently the next step in developing the policy position required for ongoing work on the long-awaited Conduct of Financial Institutions Bill ...
Comment sought on two draft Bills
Warning over surrender penalties
A few years back, the sale of property syndications was probably the biggest financial scam ever seen in this country. Regulatory authorities dragged their heels and many pensioners lost their incomes. What stopped it dead in its tracks was the ...
Time to make tax evaders pay their dues
‘A viable tax system must meet the requirement of legitimacy. In a society riven by the profound inequalities of SA, there can be no legitimacy when a cohort of wealthy people continue to evade their obligations to pay a fair ...
Give corporate employees a voice – Katz
Corporate employees are important stakeholders, with commitment to the wellbeing of the company and knowledge of its operations. It follows that their voices in board deliberations would be useful. In a Daily Maverick analysis, Michael Katz notes that the winds ...
Rest of Africa
Former Algerian PM admits role in gold scam
Former Algerian Premier Ahmed Ouyahia has admitted receiving 60 gold bars from Gulf donors then selling them on the black market. Ouyahia and former Prime Minister Abdelmalek Sellal are accused of covertly financing the 2019 re-election bid of then-President Abdelaziz ...
Nigeria’s foreign missions plagued by graft
Nigeria's embassies and high commissions around the world are reeling under the burden of corruption, extortion and passport racketeering. That’s according to Civil Society Legislative Advocacy Centre (Cislac), the national chapter of Transparency International, which urged government to urgently ...
Zambian Health Minister fired
Zambia's presidency has announced the sacking of Health Minister Chitalu Chilufya who was arrested for graft charges last year, but later cleared. A report on the EWN site notes that Chilufya was accused of fraudulently acquiring property. After a ...
Harare moves to settle compensation claim
Cape Verde cleared to expel Colombian fugitive
Zimbabwe railways body sued over tender dispute
Law firm recoups 40% from counsel's settlement share
A law firm that settled a negligence claim is entitled to recoup some of what it paid from the counsel it instructed, even though proceedings against him were dropped, the UK High Court has ruled. According to a report on ...
Law Society president has case to answer – ruling
The UK High Court has ruled that a disciplinary tribunal should hear in full a private prosecution brought against current Law Society president David Greene. According to a Law Gazette report, Lord Justice Popplewell and Mr Justice Garnham, sitting in ...
Solicitor struck off for 'exploiting' family property
The Solicitors Disciplinary Tribunal (SDT) has struck off a former partner who had ‘clearly taken advantage’ of his daughter-in-law in a property purchase. A Law Gazette report notes that Vincent O’Neil, a solicitor for more than 40 years, was found ...
Massive mafia trial kicks off in Italy
Diamond tycoon to be tried for graft in Switzerland
Doctor guilty of R2.25m RAF fraud
* An Eastern Cape doctor has been found guilty on fraud and corruption charges. Tony Moodley appeared in the Specialised Commercial Crime Court in Port Elizabeth for sentencing on a charge of fraud and corruption amounting to about R2.25m. Investigations ...
* Two Durban nurses have been arrested after one of them allegedly used the bank card of a deceased Covid-19 patient to make personal purchases. One allegedly used the man's bank card while he was being treated at St Augustine ...