Entries by Corruption Watch

Financial secrecy – dangerous, destructive, and enabling corruption

Financial secrecy is a driver of steepening inequality, rampant financial crime, and impunity for elites in both rich and poor countries. The solution to this persistent problem, argues the Tax Justice Network, is to stop the world’s top secrecy jurisdictions from enabling corruption and illegal activities. This is part 1 of a three-part mini-series on financial secrecy.

October 2021

Posts for October 2021 22 October 2021 Deputy Chief Justice Raymond Zondo has dismissed allegations by the former director-general of the State Security Agency, Arthur Fraser, against him claiming that […]

January 2022

Posts for January 2022 6 January 2022 Former South African Airways (SAA) chairperson Dudu Myeni and her fellow board member and counterpart at the airline’s subsidiary SAA Technical, Yakhe Kwinana, […]

The perils of over-criminalising sports corruption

In this interesting alternate take on sanctions for unilateral sports corruption, Harvard law student Ubong Udoeyo argues that such offences should not be criminalised, because the benefits are significantly outweighed by the associated costs. Unilateral corruption by athletes, coaches, or officials is unethical and distasteful, but should be addressed through means other than the criminal law, Udoeyo states.

PFMA 2020: improvement here and there, but not sustained

The latest PFMA audit outcomes show that yet again, the auditor-general’s call for accountability and discipline in the management of the public purse have been largely ignored. Auditor-General Tsakani Maluleke said she was encouraged by the attention given by government and oversight structures to the weaknesses identified by her office, but added that there is no sustained improvement.

February 2022

Posts for February 2022 3 February 2022 Former Transnet GCEOs Brian Molefe and Siyabonga Gama, along with former GCFO Anoj Singh and one-time board chairperson Iqbal Sharma were found by […]