By Richard MessickFirst posted on the Global Anticorruption Blog In a 12 September guest post on the Global Anticorruption Blog, Nicole Fritz of South Africa’s Helen Suzman Foundation recounted Boston consulting guru Bain and Company’s role in the massive corruption that infected her country during the reign of its now deposed president Jacob Zuma. In Read more >
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CORRUPTION NEWS
International consultancy firm Bain & Company has been banned from doing business with the UK government for three years, owing to its part in state capture in South Africa between 2015 and 2018. The ban will apply retrospectively from January this year. In evidence heard by the state capture commission last year, Bain’s former South Africa Read more >
CORRUPTION NEWS
Acting Chief Justice Raymond Zondo, who also chairs the state capture commission, wants future commissioners of the South African Revenue Service (Sars) to be appointed in an open, public process. The first of three editions of the state capture commission’s report – released to the public two weeks ago – has found that Sars was Read more >
CORRUPTION NEWS
By Prinesha NaidooFirst published on Bloomberg Global consultancy Bain & Co. and Nedbank Group Ltd., South Africa’s fifth-largest lender, denied wilfully facilitating or being party to corruption after a judicial inquiry found their conduct wanting in their dealings with state-owned firms. A panel, headed by Acting Chief Justice Raymond Zondo, concluded in the first of Read more >
CORRUPTION NEWS
In his latest address to the nation on Thursday, 23 July, President Cyril Ramaphosa uttered strong words of warning to those complicit in corrupt actions at this time – especially regarding the financial and other assistance given by the government to needy South African residents. This is the sternest – and the longest – speech Read more >
GOVERNANCE
President Cyril Ramaphosa has appointed Edward Kieswetter as the new commissioner for South African Revenue Service (Sars) with effect from 1 May 2019 for a term of five years. Kieswetter’s appointment was guided by the recommendations of the Nugent Commission of Inquiry into Tax Administration and Governance at Sars, as well as the recommendation to Read more >
LITIGATION
The search for a new South African Revenue Service (Sars) head is on, with some reports saying that an appointment is “imminent”. Analysts believe the appointment could be made before the start of the new financial year on 1 April. It was the job of a panel appointed by minister of finance Tito Mboweni and Read more >
CORRUPTION NEWS
Update, 12 December 2018: Tom Moyane plans to challenge the High Court’s judgment, handed down yesterday. He will be heading back to the Constitutional Court to appeal the court’s dismissal of his firing by Ramaphosa. Former Sars head Tom Moyane is not a man who gives up easily. Dismissed by President Cyril Ramaphosa on 1 Read more >
LITIGATION
Corruption Watch welcomes President Ramaphosa’s bold and decisive action in firing SARS Commissioner, Tom Moyane. This follows a parade of witnesses before the Nugent Commission of Enquiry, all of whom have testified to the catastrophic consequences of Moyane’s corrupt and incompetent leadership of this vital institution. Corruption Watch executive director, David Lewis, commented: “We Read more >
