President Cyril Ramaphosa has confirmed that lifestyle audits for members of the executive will soon be implemented by his office as per the recommendations of the state capture commission. Furthermore, they will be prohibited from partaking in procurement decisions for any government department or entity. This is contained in the response by Ramaphosa to the Read more >
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PRESS RELEASES
Civil Society Working Group on State Capture (CSWG) statement: On 23 October 2022, President Cyril Ramaphosa made public his response to the recommendations of the State Capture Commission. As the Civil Society Working Group on State Capture (CSWG), a broad coalition of over 20 civil society organisations, we recognise that this is a critical moment Read more >
CORRUPTION NEWS
As South Africa continues to struggle under the burden of constant load-shedding, the news has broken that former Eskom acting CEO Matshela Koko, his wife Mosima Koko, and his stepdaughter Koketso Choma have finally been nabbed by the law. The trio was arrested on 27 October 2022 on charges of corruption. This after it was reported Read more >
CORRUPTION NEWS
A permanent Investigative Directorate (ID), some successes in asset recovery, and greater protection for whistle-blowers. These are some of the highlights of President Cyril Ramaphosa’s action plan in response to the findings and recommendations of the state capture commission, or Zondo commission. The ID, which falls under the National Prosecuting Authority (NPA), is now a Read more >
CORRUPTION NEWS
On 24 October transport minister Fikile Mbalula briefed media on a Special Investigating Unit (SIU) probe into the country’s licensing system. The SIU has produced an interim report in terms of its proclamation R37 of 2017, and the levels of corruption and malfeasance it has so far uncovered are staggering. Proclamation R37, issued by then-president Read more >
CORRUPTION NEWS
In its 2021/2022 annual report, released at the end of September 2022, the Financial Intelligence Centre (FIC) noted that it achieved 17 of its 19 performance goals – and exceeded 10 of the 17. One of these was to contribute to the recovery of stolen money in a way that exceeded its previous achievement. This Read more >
CORRUPTION NEWS
First published on BusinessTech One of the proposals from Chief Justice Raymond Zondo’s state capture report is to include failure to prevent corruption as a new criminal offence for companies. According to law firm Bowmans, this recommendation by Zondo will require the amendment of the Prevention and Combating of Corrupt Activities Act 12 of 2004 Read more >
CORRUPTION NEWS
By David ThomasFirst published on African Business The probability of South Africa being greylisted by the Financial Action Task Force (FATF) is as high as 85%, according to a report commissioned by Business Leadership South Africa (BLSA) and compiled by analysts Intellidex. The FATF, an intergovernmental organisation founded to develop policies to combat money laundering Read more >
CORRUPTION NEWS
It’s been five years since the Steinhoff scandal broke. Corruption Watch (CW) was one of many who condemned the financial irregularities which resulted in the South African multinational retail holding company overstating its assets and profits by nearly $12-billion. Since that time the calls for justice and consequences have not let up, especially those targeted Read more >