News Archives - Page 42 of 240

Bain, Nedbank deny facilitating corruption in South Africa

17 Jan 2022, 13:36

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

The facilitators and followers in the state capture project: Eskom

14 Jan 2022, 13:31

Despite his many refutations to allegations that he interfered in the operations of state-owned entities under his watch as minister of public enterprises between 2010 and 2014, Malusi Gigaba did in fact interfere in Eskom’s business dealings with Gupta-owned TNA Media. This is according to the state capture commission’s chairperson, Acting Chief Justice Raymond Zondo. Read more >

CORRUPTION NEWS

Zondo report – Maseko one of first casualties of capture, says Zondo

12 Jan 2022, 13:40

State capture commission chairperson, Acting Chief Justice Raymond Zondo, cites in his first report the February 2011 transfer of Themba Maseko from the position of CEO of the Government Communication and Information System (GCIS) to the Department of Public Service and Administration as one of the earliest acts of state capture by the Gupta family. Read more >

CORRUPTION NEWS

2021 governance performance index shows uphill climb for many municipalities

11 Jan 2022, 13:27

Last year’s local government elections, held on 3 November 2021, yielded results that were disappointing to some, pleasing to others, and unexpected by very few. For the first time in its history of governing the country, the ANC’s voter support dropped below 50%. Overall, the party took 45.6% of the vote, down from 53.9% in Read more >

CORRUPTION NEWS

Zondo calls for ‘swift’ action against SAX/NW project looters

11 Jan 2022, 9:17

From politicians to public officials and money launderers, the state capture commission wants swift action to be taken against those who benefited from what it calls an “elaborate corruption scheme” involving an airports project of the North West department of transport. The project was valued at over R400-million over five years from 2015. Although not Read more >

CORRUPTION NEWS

Zondo report – SAA under Dudu Myeni was “the antithesis of accountability”

07 Jan 2022, 11:53

Former South African Airways (SAA) chairperson Dudu Myeni and her fellow board member and counterpart at the airline’s subsidiary SAA Technical, Yakhe Kwinana, oversaw a state-owned entity riddled with corruption during their terms, and fuelled a culture of bullying, fear and purging of executives who did not agree with their agenda. These are the findings Read more >

CORRUPTION NEWS

JMPD seeks anti-corruption ambassadors to help it clean up its act

05 Jan 2022, 9:19

Image: Johannesburg Metro Police Department The Johannesburg Metro Police Department (JMPD) has rung in the new year by announcing the establishment of anti-corruption ambassadors for the force, via an initiative encouraging members of the public to blow the whistle on officers breaking the law. This means that residents can take an active stand against corruption Read more >

INVESTIGATION

Eight years for errant CFO with series of local govt-related graft charges

14 Dec 2021, 9:55

By Kwazi Dlamini A unique set of events played out in two Free State courts last week, with one local municipality right at the centre of it. The chief financial officer (CFO) of Nketoana Municipality, Xolani Malindi, made his first court appearance on 8 December, facing fraud charges, while former CFO Vincent Mkhefa was on Read more >

CORRUPTION NEWS

We, the people – 25 years of South Africa’s Constitution

10 Dec 2021, 16:13

Twenty-five years ago, then president Nelson Mandela put his signature to the final text of South Africa’s Constitution, and it became law. The date was 10 December 1996; the place was Sharpeville, in Vereeniging, south of Johannesburg. This location is historically significant to all South Africans as, just 36 years before, police had opened fire, Read more >