CORRUPTION NEWS

FTI: writing was on the wall well before SA’s greylisting

In late February 2023, the Financial Action Task Force (FATF) announced the addition of South Africa to its so-called grey list, along with Nigeria, UAE, Tanzania, and Uganda. South Africa failed to satisfactorily address shortcomings in its anti-money laundering and -terrorist financing legal framework – which were highlighted in the FATF 2021 mutual evaluation review (MER). The Read more >

CORRUPTION NEWS

Scopa thoroughly unimpressed with De Ruyter

Image: YouTube / Parliament of South Africa Former Eskom CEO Andre de Ruyter appeared virtually on 26 April 2023 before the parliamentary Standing Committee on Public Accounts (Scopa) to elaborate on the allegations he made in a now widely shared February 2023 television interview television interview on e.tv, regarding his knowledge of corruption within the Read more >

CORRUPTION NEWS

World Press Freedom Day marks 30th anniversary

It’s been 30 years since the UN General Assembly proclaimed 3 May as an international day for press freedom. In those 30 years, journalists have faced an increasing barrage of threats, says UN Secretary-General António Guterres, in his message for World Press Freedom Day (WPFD) 2023. “Journalists and media workers are directly targeted on and Read more >

CORRUPTION NEWS

Freedom of expression underpins universal human rights 

Image: Flickr / Rachel Hinman With World Press Freedom Day (WPFD) 2023 upon us again, its custodian, the UN Educational, Scientific and Cultural Organization (Unesco), names four fundamental freedoms which are outlined in the Preamble of the 1948 Universal Declaration of Human Rights: freedom of speech, freedom of belief, freedom from fear, and freedom from Read more >

CORRUPTION NEWS

Women fighting corruption – the fearless four

First published on Transparency International/Voices for Transparency Women’s History Month – marked each year throughout March – celebrates and highlights women’s contributions to society. From individual acts of courage to community organising, women around the world are courageously fighting corruption and promoting transparency, integrity, and accountability in their workplaces, communities, and beyond. Their work, while Read more >

LEGISLATION AND SUBMISSIONS

A register for beneficial owners: new obligations for shareholders

By Eric JordaanFirst published on Moneyweb Following South Africa’s greylisting in February – and the recommendations made by the Financial Action Task Force (FATF) – the General Laws Amendment Act (Anti-Money Laundering and Combating Terrorism Financing) places new obligations on companies to register prescribed information regarding beneficial ownership. Of the eight areas of strategic deficiencies Read more >

CORRUPTION NEWS

Open Secrets and SWI welcome Seriti and Musi judgment

Source: Open SecretsImage: Open Secrets Open Secrets and Shadow World Investigations welcome the judgment delivered by the South Gauteng High Court which confirms that judges must be held accountable for their conduct while in active service, even after their retirement. It is an important victory for accountability and the integrity of the judiciary. The court Read more >