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Guptas arrested, but their return to SA may take some time

Image: Rosebank Killarney Gazette Two of the Gupta brothers may potentially see themselves being extradited to South Africa from the United Arab Emirates, following their arrest on Monday in that territory’s city of Dubai. The National Prosecuting Authority, however, warns that extradition is a long, complex process, implying that it might be a while before Read more >

Will Africa become Russian oligarchs’ new safe haven? 

First published on Financial Transparency Coalition  During the last decade, Russia has expanded its interests and presence in Africa by investing in the mining sector and increasing military support to fragile states, primarily through private military contractors and mercenaries. One of Africa’s most prominent private military groups is the Wagner Group, believed to be financed by one Read more >

Developed countries highly complicit in financial secrecy 

Illicit financial flows create an unjust society and further worsen inequality, especially for underdeveloped countries. This is the message from the Tax Justice Network (TJN), which released its 2022 Financial Secrecy Index (FSI) on 16 May.  The FSI is a ranking of jurisdictions which fuel financial secrecy by helping individuals to hide their finances from Read more >

Corruption stunts our freedom in South Africa

By Paul HoffmanFirst published on Accountability Now The liberation struggle in South Africa, in Africa and elsewhere in the world where people once lived in chains, was aimed at achieving freedom for ordinary folk. The freedom of the individual is, in a way, the higher purpose of the modern state. The struggle for freedom in Read more >