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CORRUPTION NEWS

Risk assessment key to anti-bribery compliance

By Valencia Talane Africa has steadily positioned itself over the past few years as an increasingly favourable place to do business for various markets across the world. However, the levels of economic crime – bribery in particular – has got researchers worried, and is a dent in its image that could prove threatening if not Read more >

CORRUPTION NEWS

Call to root out ICT corruption

Source: IT-Online  As fraud and corruption in the ICT industry reach epidemic proportions, there are calls for an independent body to bring stakeholders together in a bid to chart how widespread the problem is, and to thrash out a solution. An upcoming independently-moderated discussion forum may pave the way – see the bottom of this Read more >

CORRUPTION NEWS

Armscor clarifies aspects of arms deal procurement

By Lee-Ann Alfreds They have formed a procession of grey men, with Afrikaans surnames and titles such as programme manager, acquisitions manager and chief financial officer. But while Robert Vermeulen, Johan Odendal, Jacobus Grobler, David Griesel and Henderich de Waal Esterhuyse have not necessarily provided headline-grabbing testimony, they have been important witnesses for the Arms Read more >

OUTREACH AND EVENTS

Tembisa discussion draws residents

By Valencia Talane What good are anti-corruption laws if they do not protect those who blow the whistle on people who abuse public resources, and offer no visible punishment for those who are caught? This was the burning question at a debate co-hosted by Corruption Watch and Kaya FM in Tembisa on Wednesday. Presenter and Read more >

CORRUPTION NEWS

Little effort by SA to prosecute acts of foreign bribery

By Valencia Talane South Africa is not doing enough to bring to book individuals and companies linked to acts of bribery involving foreign companies and governments. Furthermore, the country’s “political and economic considerations” are thought to be contributing to this worrying state of affairs. This was recently revealed by the Organisation for Economic Co-operation and Read more >

CORRUPTION NEWS

Arms deal offsets – were they worth it?

In the newly democratised South Africa, who could say no to an investment into our economy of between R104- and R110-billion, with the creation of 65 000 jobs? This was the promise of the Strategic Defence Procurement Package (SDPP or arms deal) offset agreements. At the time it would cost the country around R30-billion – excluding Read more >

CORRUPTION NEWS

Not perfect, but commission can still produce results

By Lee-Ann Alfreds His appearance was greeted with fanfare and excitement after months of dry and technical testimony by largely-unknown flunkies and officials. But then, former trade and industry minister Alec Erwin came and went in the blink of an eye – and fears for the credibility of the Arms Procurement Commission went into overdrive. Read more >

CORRUPTION NEWS

Fighting the good fight

By Lee-Ann Alfreds Their breadth of recall is mind-boggling. Dates, figures, names and irregularities that several official investigations have tried – unsuccessfully – to unravel for over 15 years, these are the details that arms deal activist Terry Crawford-Browne and whistleblower Richard Young readily have at their fingertips. It’s not surprising, though, as both have Read more >

CORRUPTION NEWS

Economic crime plagues local business

As a nation, South Africa has many attractive features – and a few undesirable ones too. A fresh survey by PricewaterhouseCoopers (PwC) reveals a few of the latter – bribery and corruption, procurement fraud, cybercrime, insider trading, and more. Titled the 2014 Global Economic Crime Survey, it unpacks economic crime in the country, and was Read more >