Results for fraud and corruption

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SA can prevent payments fraud crippling businesses, local municipalities
SA can prevent payments fraud crippling businesses, local municipalitiesArticle

Technology can be a powerful tool against the fraud and corruption plunging South Africa's municipalities and businesses into financial crisis...

Ryan Mer 5 hours ago

Why companies should encourage and not victimise whistle-blowers
Why companies should encourage and not victimise whistle-blowersArticle

Companies should be actively encouraging employees to blow the whistle on corporate issues, ethics or concerning behaviour, without fear of risk or harassment, because an effective whistle-blowing programme is of immense value to the business...

13 Apr 2021

SIU welcomes prosecution of Umthatha State Attorney official, lawyer
SIU welcomes prosecution of Umthatha State Attorney official, lawyerArticle

The Special Investigating Unit (SIU) has welcomed the prosecution of the former acting Head of the Office of the State Attorney in Mthatha and an Eastern Cape-based lawyer on fraud charges amounting to R331,000.

12 Apr 2021

Dr Tumi appears in court for fraud
Dr Tumi appears in court for fraudArticle

Gospel artist and medical doctor, Dr Tumi Makweya and his wife have been released on bail after being arrested for allegedly defrauding the National Lotteries Board (NLB)...

Onalenna Mhlongo 7 Apr 2021

The duty to report suspected fraud and the consequences thereof
The duty to report suspected fraud and the consequences thereofArticle

The Prevention and Combating of Corrupt Activities Act places a duty on defined persons in a position of authority to report certain offences over R100,000...

Corné Lewis 6 Apr 2021

Image source: Getty/Gallo
Report on racial bias by schemes against black healthcare providers releasedArticle

The interim findings of the Section 59 investigation into allegations by healthcare practitioners that medical schemes were discriminating against them based on race and ethnicity was released on 19 January...

20 Jan 2021

Eleven arrested in UIF Covid-19 benefit probe
Eleven arrested in UIF Covid-19 benefit probeArticle

Labour and Employment Minister, Thulas Nxesi, says 11 people have been arrested as the Special Investigating Unit (SIU) intensified its probe to nab those accused of benefiting from illegal UIF Covid-19 TERS payments...

21 Oct 2020

Environment dept officials suspended following forensic investigation
Environment dept officials suspended following forensic investigationArticle

The Department of Environment, Forestry and Fisheries has placed eight officials on precautionary suspension following a forensic investigation into contracts allegedly irregularly awarded by the Waste Management Bureau. ..

9 Oct 2020

Halting of emergency procurement of PPE
Halting of emergency procurement of PPEArticle

National Treasury's instruction to all government departments to halt the emergency procurement of personal protective equipment highlights the need for the urgent review and modernisation of the public procurement system...

John de Villiers, Issued by LexisNexis 23 Sep 2020

NSG launches compulsory online course on Ethics in the Public Service
NSG launches compulsory online course on Ethics in the Public ServiceArticle

The Minister for the Public Service and Administration, Senzo Mchunu, has directed government departments to ensure that officials enrol for the compulsory Ethics in the Public Service Online Course offered by the National School of Government (NSG)...

17 Sep 2020

Law enforcement probes Covid-19 relief fund management
Law enforcement probes Covid-19 relief fund managementArticle

Law enforcement agencies are working together to probe the breaches of the Covid-19 Temporary Employee/Employer Relief Scheme (TERS)...

3 Sep 2020

ACFE SA and CIMA to advance the future of business and finance through mutual recognition of designations
ACFE SA and CIMA to advance the future of business and finance through mutual recognition of designationsArticle

The Chartered Institute of Management Accountants (CIMA) and the Association of Certified Fraud Examiners, South Africa Chapter (ACFE SA) have announced the undertaking of a Memorandum of Understanding (MoU) whereby the respective designations of these bodies will be mutually recognised...

Issued by CIMA 2 Sep 2020

Effect of fraud on dispute resolution clauses
Effect of fraud on dispute resolution clausesArticle

In the current conditions plaguing the South African construction industry, it is common for contractors to up the ante of their tender submissions by submitting incorrect or misleading information in an effort to make their tender proposals appear more favourable...

Kyle Bowles and Caley Hil 16 Jul 2020

Natashia Soopal
Strong financial controls needed to maximise benefit of Covid-19 relief effortsArticle

The South African government has been applauded by the World Health Organisation for its quick response to curb the spread of the Covid-19, and prepare its healthcare system. However, this good work can easily be overshadowed by poor controls...

Natashia Soopal 14 May 2020

Nazreen Sekao Pandor is an admitted attorney of the High Court of South Africa and a qualified arbitrator. Peter Setou is the chief executive of the Vumelana Advisory Fund (Vumelana).
Land reform beneficiaries, use lockdown to put your CPA in orderArticle

The outbreak of the coronavirus (Covid-19) and the implementation of the nationwide lockdown may have deferred the land reform programme...

Nazreen Sekao Pandor and Peter Setou 8 May 2020

National Road Traffic Amendment Bill to improve safety
National Road Traffic Amendment Bill to improve safetyArticle

Cabinet has approved the submission of the National Road Traffic Amendment Bill of 2019 to Parliament...

13 Mar 2020

Lessons from Al Capone on taxpayers' rights to confidentiality
Lessons from Al Capone on taxpayers' rights to confidentialityArticle

Al Capone, the infamous American mobster, was convicted of tax evasion as it was easier for the US Attorney General to secure a conviction for tax offences than comply with the evidentiary requirements of his other crimes. But what right does the South African taxpayer have for the information disclosed to Sars to be kept confidential?

Graeme Palmer 24 Feb 2020

Former Eskom senior managers granted bail
Former Eskom senior managers granted bailArticle

Two former Eskom senior managers and two businessmen who were arrested for alleged fraud and corruption committed at Eskom's Kusile power station have been granted R300,000 bail each...

23 Dec 2019

Former Eskom employees nabbed for fraud
Former Eskom employees nabbed for fraudArticle

Two former Eskom senior managers are among those arrested for alleged fraud, corruption and money laundering worth R745 million...

20 Dec 2019

Zuma's appeal application dismissed
Zuma's appeal application dismissedArticle

The Pietermaritzburg High Court has dismissed former President Jacob Zuma's appeal application with cost...

29 Nov 2019

Image source: Getty/Gallo
Eskom's net profit growth crippled by R454bn debtArticle

While there's a miniscule glimmer of hope in Eskom's improved net profit and increased Ebidta (earnings before interest, tax, depreciation and amortisation) for the six months ending on 30 September, financial and operational performance at the power utility remains a challenge...

29 Nov 2019

Kariem Hoosain, partner at Mazars
Under-regulated internal auditing sector plays part in corporate fraudArticle

Considering the high profile scandals that have dominated news headlines in the last few years, from VBS Mutual Bank to Eskom, it does not seem unreasonable to say that South Africa may have a corporate fraud problem...

28 Nov 2019

Fraud is not a normal theft issue
Fraud is not a normal theft issueArticle

South Africa has seen a surge of fraud-related crimes happening within white-collar business sectors of the country. Fraud constitutes a serious economic crime and should not be treated as a normal theft issue. Company leaders must become more vigilant than ever to ensure that their company does not fall victim to the ever-present threat of fraud...

15 Oct 2019

Zuma's trial postponed to February 2020
Zuma's trial postponed to February 2020Article

The trial of former President Jacob Zuma has been postponed to 4 February next year...

15 Oct 2019

Let lifestyle audits uncover employee risks
Let lifestyle audits uncover employee risksArticle

Lifestyle audits can be useful in determining if an employee's spending power is in line with their income, as any money or forms of extravagance that cannot be traced back to legitimate sources should be treated as red flags...

Issued by LexisNexis 7 Oct 2019

Image source: Getty/Gallo
Health Sector Anti-Corruption Forum launchedArticle

As a forerunner to the the National Health Insurance (NHI) Bill, the Health Sector Anti-Corruption Forum has been set up prevent, detect and prosecute fraud and corruption in the sector...

2 Oct 2019

De Lille calls for strengthening of trust in construction public-private partnerships
De Lille calls for strengthening of trust in construction public-private partnershipsArticle

Speaking at the 118th Annual General Meeting of the MBAWC, minister of public works and infrastructure Patricia de Lille emphasised that government is intensifying its efforts to build meaningful relationships with the construction industry...

26 Sep 2019

Dr Chris Archer, CEO of the South African Private Practitioners Forum; moderator, Tanya Cohen, former Business Unity South Africa CEO; Dr Guni Goolab, principal officer, Government Employee Medical Scheme (GEMS); Dr Terence Moodley, board member of Samed; Melanie da Costa, director of strategy and healthcare policy, Netcare; Dr Stavros Nicolaou, chairman of the Pharmaceutical Task Group Dr Anban Pillay, deputy director general, National Department of Health; and Dr Jonathan Broomberg, CEO, Discovery Health
After NHI - South Africans can still choose medical aidsArticle

One of big questions being asked ever since National Health Insurance (NHI) was first mooted is what medical aids will look like and whether they would even exist under NHI...

Nicci Botha 27 Aug 2019

How AI, robotics and blockchain are changing the business landscape
How AI, robotics and blockchain are changing the business landscapeArticle

Technology is changing the face of business faster than industrialisation did. The Fourth Industrial Revolution is well underway...

Adrian van der Merwe 12 Aug 2019

Justice and Constitutional Development Minister Ronald Lamola
R38m allocated towards establishing Investigative DirectorateArticle

The Department of Justice and Constitutional Development will allocate R38m towards establishing an investigative directorate, under the auspices of National Prosecuting Authority (NPA)...

17 Jul 2019

SA Express to lay charges against former executives
SA Express to lay charges against former executivesArticle

South African Express is preparing to lay fraud and corruption charges against some of its former executives...

27 May 2019

Probe into fraud and corruption at National Lotteries Commission
Probe into fraud and corruption at National Lotteries CommissionArticle

An investigation has been launched into the National Lotteries Commission (NLC) following allegations of fraud and corruption involving grant allocations to "good causes"...

Raymond Joseph 13 May 2019

IWMSA welcomes arrest of 9 individuals for waste tender fraud
IWMSA welcomes arrest of 9 individuals for waste tender fraudArticle

Nine individuals, including two eThekwini municipal officials, were recently arrested for their involvement in waste tender fraud totalling R208m...

6 May 2019

AARTO Bill ready to be signed by the President
AARTO Bill ready to be signed by the PresidentArticle

The Administrative Adjudication of Road Traffic Offences Act (AARTO) Amendment Bill has been passed by Parliament and is now ready to be signed into law by the President...

9 Apr 2019

The ABCs of anti-bribery and corruption
The ABCs of anti-bribery and corruptionArticle

Corruption is a reality throughout the world. For any organisation, the financial and reputational risks that follow incidents of corrupt activity can be quite severe...

Zaakir Mohamed 11 Mar 2019

Background screening a priority - MIE report
Background screening a priority - MIE reportArticle

Incidents of fraud, corruption, misappropriation of assets, misconduct and misrepresentation, among others, are continuously being publicly exposed and reported on in the media the world over...

8 Mar 2019

Former Prasa Rail CEO back in the dock for fraud
Former Prasa Rail CEO back in the dock for fraudArticle

Mthuthuzeli Swartz, who is also accused of stealing railway lines and sleepers, attacks #UniteBehind and makes allegations against his former colleagues...

Joseph Chirume and GroundUp Staff 28 Feb 2019

SA's top 10 risks in 2019
SA's top 10 risks in 2019Article

The Institute of Risk Management South Africa (IRMSA) released the fifth edition of its Risk Report: South Africa Risks 2019...

18 Feb 2019

Hawks swoop on Correctional Services, Bosasa officials
Hawks swoop on Correctional Services, Bosasa officialsArticle

The Hawks have arrested seven suspects - including a former correctional services commissioner and Bosasa officials - on allegations of corruption, money laundering and fraud...

6 Feb 2019

Using AI can make your business fraud-free and safer
Using AI can make your business fraud-free and saferArticle

When it comes to AI, virtual assistants and chatbots are an immediate association for many. However, AI has other important uses for companies too - in fighting fraud...

Rob Lith 4 Feb 2019

Advocate Terry Motau
President: We must act against those who destroyed VBSArticle

President Cyril Ramaphosa says the fraud and corruption that took place at VBS was a tragedy against the most vulnerable in society, and that action must be taken against those responsible for the crime.

6 Nov 2018

Report on VBS recommends criminal charges
Report on VBS recommends criminal chargesArticle

A forensic report into the embattled VBS Mutual Bank has recommended that criminal charges be laid against a range of individuals alleged to have looted about R2 billion from the financial institution...

10 Oct 2018

Taking a fresh look at NPO finance
Taking a fresh look at NPO financeArticle

Inyathelo, The South African Institute for Advancement, is dedicated to helping build a strong, stable civil society and democracy in South Africa...

Soraya Joonas 4 Oct 2018

When does workplace fraud become your problem?
When does workplace fraud become your problem?Article

Whose problem is workplace fraud, and what can individuals, companies and municipalities do to combat it...?

Graham Reid 1 Oct 2018

FMRC: Reward whistle-blowers
FMRC: Reward whistle-blowersArticle

The South African government should consider setting up a programme that will reward persons who blow the whistle on alleged corruption in the financial sphere, a draft report on financial market conduct has recommended...

5 Sep 2018

Summit to discuss health challenges
Summit to discuss health challengesArticle

A National Health Summit to discuss challenges faced by the health sector and the implementation of the National Health Insurance (NHI) will be held in Gauteng on 19 and 20 October...

30 Aug 2018

A South African's guide to moving to and making it in Malta: How to steal a million
A South African's guide to moving to and making it in Malta: How to steal a millionArticle

Tender fraud and corruption are probably endemic throughout the world but a case has recently been unearthed in Malta that is so diabolically clever, so deviously contrived that it makes the various SAA, SABC, SANRAL and other cadre-deployment shenanigans seem blunt and clunky in comparison...

Marcus 'The Maltese Falcon' Brewster 23 Aug 2018

Long road ahead for women in construction
Long road ahead for women in constructionArticle

Public Works minister Thulas Nxesi says more work remains to be done for women to progress up the construction industry ladder...

20 Aug 2018

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