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CORRUPTION NEWS

FCPA successes still few and far between in SA

South Africa is one of numerous countries listed on an interactive online map of cases brought against and penalties paid by companies in Foreign Corrupt Practices Act (FCPA) cases. The FCPA is a US law that prohibits companies from securing or retaining business abroad by means of bribery. The map, titled Where the Bribes Are, Read more >

RAISING AWARENESS

How ordinary citizens can punish unethical conduct

By David Lewis First published on Business Day The survey on ethical practices in the auditing and related professions conducted by the Anti-Intimidation and Ethical Practices Forum (of which Corruption Watch is a founding member) is important precisely because of its focus on ethics. The one principle of the rule of law that has been Read more >

CORRUPTION NEWS

Lewis: Too few firms with good governance records

South Africa has some “excellent institutions”, such as the South African Reserve Bank, the National Treasury, financial regulators, the competition authorities, the JSE and the sophisticated justice system that are “keeping the country afloat”, said Corruption Watch executive director David Lewis, speaking at the Chartered Secretaries’ Premier Corporate Governance conference on Tuesday. Discussing the topic Read more >

OPINIONS

SA reputation tarnished by “brazen” Hitachi bribe

By Martin Kenney First published on Biznews.com The story of how electronics giant Hitachi bought political influence in order to win a $5.6-billion power station contract, calls into question not only the integrity of a massive company with a global reputation, but also the very integrity of the South African government. Moreover, a $19-million fine 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 >