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CORRUPTION NEWS

Is CPS trying to get out of repaying its R316m debt?

By Zoë PostmanFirst published on GroundUp Corruption Watch slams “legal manoeuverings by CPS to avoid paying its debt to the fiscus” While the battle rages over how much money Cash Paymaster Services (CPS) might have to pay back to the South African Social Security Agency (Sassa), its parent company Net1 has applied to put CPS Read more >

CORRUPTION NEWS

CPS takes battle over Sassa millions to ConCourt

Former social grants distributor Cash Paymaster Services (CPS) has taken its battle against Corruption Watch and Sassa to the Constitutional Court in a continued effort to avoid paying back R316-million paid to the company in respect of a variation agreement with the social services agency in 2015. The agreement was ruled invalid by the North Read more >

LITIGATION

Net1 to challenge court ruling on R316-million

Net1 UEPS Technologies, the US-based parent company of Cash Paymaster Services (CPS), will challenge a South Gauteng High Court ruling handed down on Friday last week that says its subsidiary must pay back an amount of R316-million paid irregularly by the South African Social Grants Agency (Sassa) in 2014. The company will apply for leave Read more >

CORRUPTION NEWS

South African NGOs question IFC’s investment into Net1

Earlier this week Corruption Watch, Black Sash and Equal Education filed a complaint with the Compliance Advisor / Ombudsman (CAO) of the International Finance Corporation (IFC) regarding the circumstances under which the IFC made a combined equity investment of $107-million in Net1 UEPS Technologies Inc. and its subsidiary, Cash Paymaster Services (Pty) Ltd. The complainants Read more >

CORRUPTION NEWS

Sassa-gate: profit over service

It’s been called “Sassa-gate” for all the right reasons: a government crisis characterised by several weeks of blame games; political backbiting; forensic investigations revealing unlawful information peddling; and even lawsuit threats. It is a situation that many South Africans would hate to see repeated in the future. After weeks of tension and anxiety, relief came Read more >

LITIGATION

CW celebrates multiple triumphs for democracy in SA

17 March 2017 Today’s judgment by the Constitutional Court regarding the payment of social grants by the South African Social Services Agency (Sassa) and Cash Paymaster Services (CPS) was a resounding win for South Africans and a celebration of the independence of the judiciary in the country. Corruption Watch, in its role as amicus curiae Read more >

LITIGATION

CPS asks us to retract statements

Corruption Watch has been following, and participating in, the developments around the South African Social Security Services and Cash Paymaster Services (CPS) since 2013. Cash Paymaster Services has written to us through their attorneys, in a letter dated 10 March 2017. They take exception at certain recent statements our executive director David Lewis has made Read more >

CORRUPTION NEWS

The real risks behind SA’s social grant payment crisis

By Andries du Toit First published on The Conversation Africa The dispute hovering over South Africa’s social grant system and threatening millions of vulnerable beneficiaries with nonpayment creates risks that go far beyond interrupting poor people’s access to desperately needed grants. The failure of the South African Social Security Agency (Sassa), which is responsible for Read more >

CORRUPTION NEWS

Taking their dirty deeds abroad

The FCPA Blog, which focuses on enforcement related to the Foreign Corrupt Practices Act, has released its latest list of companies being investigated under the act. The blog has published this list since January 2011, and updates it regularly. The FCPA is a federal law of the US, and it applies to any person who Read more >