Entries by Corruption Watch

MEDIA ADVISORY: 2021 Corruption Perception Index to be released on 25 January 2022

On Tuesday 25 January, Transparency International, the leading civil society organisation tackling corruption worldwide, releases its annual Corruption Perceptions Index (CPI). For the first time in its 27-edition history, the CPI will offer a comprehensive look at a decade of corruption, revealing if the country has improved, regressed or stagnated over the last 10 years.

The facilitators and followers in the state capture project: Transnet

Acting chief justice and state capture commission chairperson Raymond Zondo has found that the same modus operandi used at Eskom was used at Transnet to favour the now defunct TNA Media for irregular contracts worth millions, despite there being no value for the parastatal and no proper procurement processes followed. Between 2012 and 2017, Transnet spent over R120-million on TNA business breakfasts that were broadcast on television over the period, and a further R24-million as sponsor of The Big Interview.

Bain, Nedbank deny facilitating corruption in South Africa

Bain & Co and Nedbank – both implicated in the Zondo commission’s first report on the three years of hearings into allegations of state capture – have both denied any wrongdoing on their part. Bain is said to have been involved in the weakening of Sars, while Nedbank and Regiments Capital allegedly manoeuvred a dubious interest-swap agreement with Acsa.