CORRUPTION NEWSG20 must implement its anti-corruption promises 03 Dec 2018, 9:02 The role of civil society in democracy and good governance is becoming increasingly important. Acting as the voice of the people, civil society holds governments to account for enforcing the rule of law, complying with legislation and policy, and implementing promises made. When the Group of Twenty (G20), of which South Africa is a member, Read more >
GOVERNANCE SA making progress on beneficial ownership, but CSOs left out 03 Sep 2018, 9:44 South Africa launched its latest Open Government Partnership (OGP) action plan, covering the period 1 July 2016 – 30 June 2018, on 6 May 2016. This was the country’s third national action plan since joining the OGP programme, which provides a platform for governments and civil society to work together to develop and implement ambitious Read more >
CORRUPTION NEWS G20 dragging feet on beneficial ownership 03 May 2018, 11:11 Source: Transparency International The corrupt don’t like paper trails, they like secrecy. What better way to hide corrupt activity than with a secret company or trust as a front? You can anonymously open bank accounts, make transfers and launder dirty money. If the company is not registered in your name, it can’t always be traced Read more >
CORRUPTION NEWS How does money laundering work? 01 Nov 2017, 12:30 Money launderers make use of numerous twists and turns in their efforts to hide their trails, but how does the process really happen? Here’s how. Money laundering is exactly what the words describe – washing the ill-gotten gains of their illegal origins so that what is left cannot easily be traced back to the original Read more >
CORRUPTION NEWS Money laundering and related crimes – info centre 18 May 2016, 14:22 Money laundering and illicit financial flows are two related, but distinct types of corruption that pose a huge threat to development and political and economic stability around the world. Developing countries are especially hard hit. The two are closely linked to the concept of beneficial ownership, which is a term referring to the true owner Read more >
CORRUPTION NEWS Sanction individuals too: global fraud survey 11 May 2016, 12:40 Unethical conduct condoned in the workplace, lack of consequences and prosecution for bribery and corruption, and inadequate government commitment to secure convictions – these factors cropped up repeatedly in the findings of the 2016 global fraud survey, published by EY. Conducted between October 2015 and January 2016, the consulting firm’s biennial survey provides powerful insights Read more >
OUTREACH AND EVENTS SA launches third OGP national action plan 10 May 2016, 12:11 The Open Government Partnership was launched in 2011 to provide an international platform that will enable domestic reformers to make their governments more open, accountable, responsive to citizens, and corruption-free. Since then, OGP has grown from the eight founding countries of Brazil, Indonesia, Mexico, Norway, Philippines, South Africa, the UK and the US, to 69 countries. In Read more >
PRESS RELEASES SA commits to tackling beneficial ownership 06 May 2016, 10:44 As part of this week’s meeting of the Open Government Partnership (OGP) in Cape Town, South Africa today launched its third national action plan (NAP) which includes a high-level commitment to creating a public register of beneficial ownership information. Corruption Watch, as a participant in Transparency International’s (TI) Unmask the Corrupt campaign, has been calling Read more >
CORRUPTION NEWS TI calls for immediate action against secret companies 04 Apr 2016, 12:36 A global investigation, involving some 400 journalists from 80 countries, into the use of secret companies by the rich, powerful and corrupt has shown how a network of lawyers, bankers and others around the world hide illicit wealth. Transparency International (TI) calls on the international community to act immediately to adopt transparency laws to outlaw secret Read more >
