fraud Archives - Corruption Watch

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Mdluli will finally answer in court to corruption charges

12 Jun 2024, 12:08

Corruption Watch has followed the Richard Mdluli case almost since the day the organisation launched. For years Mdluli, the former head of police crime intelligence, had evaded justice relating to charges of, among others, murder, attempted murder, and assault, and in a separate case, of corruption, fraud, and money-laundering. The former head of police crime Read more >

CORRUPTION NEWS

AmaBhungane: Steinhoff’s dogged battle to keep its secrets

31 Jan 2024, 11:51

By Caroline JamesFirst published on Daily Maverick We all know the story of Steinhoff and Marcus Jooste. At least, we think we do. What we do know has been uncovered by careful and thorough investigative journalism, but the majority of Jooste’s and the company’s secrets remain locked in a vault of confidentiality imposed by Steinhoff Read more >

CORRUPTION NEWS

CW: Charges should have been brought against Jooste by now

17 Jan 2024, 10:15

By Tawanda KaromboFirst published on IOL It is six years since the former CEO of Steinhoff International, Markus Jooste, stepped down from the firm in December 2017 after massive accounting fraud came to light, and yet he is still not behind bars. Corruption Watch said in December that South Africa should do a lot more Read more >

RAISING AWARENESS

Interpol highlights role of money mules in the crime cycle

27 Sep 2022, 11:00

Image: Interpol International police organisation Interpol’s Financial Crime and Anti-Corruption Centre recently ran a global awareness campaign which highlighted the extensive use of money mules in facilitating the laundering and movement of criminal proceeds. A mule or courier is a person who smuggles contraband to another area or across a border for a criminal organisation 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

Markus Jooste still a free man – but that will change, says NPA

24 Aug 2020, 13:12

In late 2017 the Steinhoff scandal broke, sending tremors of anger and outrage around the world, especially in the countries where the South African multinational retail holding company traded or was listed. Accounting irregularities dating back to 2015 were uncovered during an auditing probe triggered by the refusal of Deloitte, Steinhoff’s auditing firm at the Read more >

CORRUPTION NEWS

Economic crime in SA drops, but more execs guilty than before

19 Jun 2020, 14:02

The 2020 Global Economic Crime and Fraud Survey, released recently by PwC, reveals some surprising facts, and some that are not so surprising. In South Africa, the percentage of economic crime incidents was reported as having decreased from 77% in 2018 to 60% in 2020, marking the first time this figure had declined in the Read more >

CORRUPTION NEWS

Water dept to provide clarity on corruption investigations

02 Jun 2020, 13:00

By Thato Mahlangu The Standing Committee on Public Accounts (Scopa) wants the Department of Water and Sanitation (DWS) to pull up its socks and conclude investigations that relate to fraud and corruption cases. During a committee meeting held in Parliament on Tuesday 26 May 2020, Scopa’s chairperson Mkhuleko Hlengwa said DWS should have dealt speedily Read more >

CORRUPTION NEWS

Hawks swoop on second Tshwane millions suspect

04 May 2020, 13:46

The Directorate for Priority Crime Investigation (DPCI), known more familiarly as the Hawks, said on Sunday, 03 May 2020 that its National Clean Audit Task Team has nabbed another suspect who was involved in the Tshwane metro multimillion corruption scandal. The 44-year-old man was arrested in Durban and charged with alleged fraud, money-laundering, and corruption, Read more >