LITIGATIONCW board member to preside over Moyane disciplinary 07 May 2018, 10:00 UPDATE, 22 May 2018: Kate O’Regan has been replaced by advocate Azhar Bham SC, after an objection by the legal team of Moyane. Moyane’s team had concerns about O’Regan’s impartiality in the matter. Embattled former South African Revenue Service (Sars) commissioner Tom Moyane is to face disciplinary charges. The Presidency announced last week that it Read more >
CORRUPTION NEWS Bank of Baroda played key role in SA’s Gupta scandal 01 Mar 2018, 10:58 By Khadija Sharife (OCCRP) and Josy Joseph (The Hindu) First published on OCCRP India’s state-owned Bank of Baroda – one of the country’s largest – played a crucial role in the financial machinations of South Africa’s politically influential Gupta family, allowing them to move hundreds of millions of dollars originating in alleged dirty deals into Read more >
LITIGATION Full FIC amendment act needed to catch the corrupt 26 Jun 2017, 12:07 By Leanne Govindsamy First published in Business Day State capture does not happen because of the dodgy dealings of one person or even a handful of people. It happens because hundreds of people along the line — in the public and private sectors — have enabled it. They may have failed to conduct requisite due Read more >
LITIGATION CW asks Gigaba for FICA commencement date 05 Jun 2017, 10:47 Corruption Watch has written to finance minister Malusi Gigaba, requesting clarification on the date on which the Financial Intelligence Centre (FIC) amendment act will commence, as well as timeframes for the finalisation of regulations and schedules required to support the implementation of the act. President Jacob Zuma signed the FIC amendment act into law on Read more >
LEGISLATION AND SUBMISSIONS FIC bill signed into law at last 02 May 2017, 8:18 On Saturday 29 April President Jacob Zuma signed the long-awaited Financial Intelligence Centre (FIC) bill into law. The amended FIC act is aimed at strengthening domestic regulations that deal with money laundering, the financing of terrorism, and illicit financial transactions. It brings South Africa up to standards and requirements set by the Financial Action Task Read more >
CORRUPTION NEWS FIC amendment bill makes the parly grade 07 Mar 2017, 17:21 The Financial Intelligence Centre (FIC) amendment bill is one step closer to promulgation. Having being tabled in Parliament as long ago as April 2015 by former finance minister Nhlanhla Nene, and sent back and forth a couple of times between President Jacob Zuma and the Standing Committee of Finance, the bill was passed last week Read more >
LEGISLATION AND SUBMISSIONS CW makes more submissions on draft FIC amendment bill 27 Jan 2017, 12:11 Corruption Watch has made further submissions in Parliament on the draft Financial Intelligence Centre (FIC) amendment bill. We made our initial written submissions on the bill on 1 June 2015 and made oral submissions before the Standing Committee on Finance on 2 February 2016. Our concerns at that time centred primarily on lack of clarity Read more >
LITIGATION CW lays criminal charges against SARS commissioner 12 Dec 2016, 12:51 12 December 2016 Corruption Watch has laid criminal charges against the South African Revenue Services (SARS) commissioner, Tom Moyane, in relation to the matter involving alleged fraud and corruption committed by two senior SARS employees, Jonas Makwakwa and Kelly-Ann Elskie. Charges were also laid against Makwakwa and Elskie directly, under case numbers 217/12/2016, 218/12/2016 and Read more >
LITIGATION CW: SARS’ Moyane is not off the hook 01 Nov 2016, 14:54 On 25 October Corruption Watch wrote to the South African Revenue Service’s (SARS) commissioner Tom Moyane, informing him that we intended to lay criminal charges against him for not reporting corrupt activities – detailed in a Financial Intelligence Centre report and involving two senior SARS employees – to the Directorate of Priority Crime Investigation, or Read more >
