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STATE CAPTURE

State capture update: Kodwa faces music in state capture trial

Image: Flickr/GovernmentZA Zizi Kodwa is out of a job, out of the ANC’s National Executive Committee, and facing charges of corruption and money laundering. He also faces disciplinary action within the party, according to spokesperson Mahlengi Bhengu-Motsiri, and has had to step aside in line with its policy for criminally charged members. Kodwa was the Read more >

CORRUPTION NEWS

Bain, Nedbank deny facilitating corruption in South Africa

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

Zondo Commission – week 6 overview

In our last Zondo Commission overview, we reported that Deputy Chief Justice Raymond Zondo was due to deliver his decisions on the various applications to cross-examine witnesses. Ajay Gupta and his brother Rajesh, Duduzane Zuma, Fana Hlongwane, former public enterprises minister Lynne Brown, former presidential chief of staff Lakela Kaunda, Advocate Mandla Mtolo, and Major-General Read more >

CORRUPTION NEWS

Bank of Baroda played key role in SA’s Gupta scandal

By Khadija Sharife (OCCRP) and Josy Joseph (The Hindu) First published on OCCRP India’s state-owned Bank of Baroda – one of the country’s largest – played a crucial role in the financial machinations of South Africa’s politically influential Gupta family, allowing them to move hundreds of millions of dollars originating in alleged dirty deals into Read more >