How did the State Capture network move billions of rand stolen from the South African people across the globe? The Zondo Commission report provides some of the details of the network of banks who profited from this — but fails to provide any remedy of how to prevent a repetition of these crimes.
City Press | Hennie van Vuuren South Africa must be wary of the motive and intentions of the UAE on the Gupta matter, writes Hennie van Vuuren. The arrest and detention of Atul and Rajesh Gupta in Dubai is the first step in what could be an epic battle to bring home two of the…
Daily Maverick| By Michael Marchant and Hennie van Vuuren for Open Secrets 31 May 2022 By pleading guilty to decades of bribery, corruption and price manipulation around the world, Glencore confirmed a poorly kept secret – criminality was a key pillar of the company’s business mode Commodity trading and mining giant Glencore last week admitted…
What’s at stake in the GovChat vs Meta personal information ‘data war’? Daily Maverick | Abby May and Michael Marchant | 12 April 2022 On 14 March, the Competition Commission of South Africa upheld a complaint by South African tech company GovChat against Meta Platforms Inc and its subsidiaries WhatsApp and Facebook. The commission referred the tech giant…
Inside the reign of Bain Financial Mail | Zen Mathe, Investigator at Open Secrets | 13 JANUARY 2022 The consulting firm was present for every step of the dismantling of Sars, from conception, to collusion, to capture. The first report from the Zondo commission into state capture, released on January 4, shines a light on…
The pros and cons of deferred prosecution agreements: Is it a case of justice deferred is justice denied? Daily Maverick| Tabitha Paine and Ra’eesa Pather | 6 January 2022 The first of three reports by the Zondo Commission has proposed using deferred prosecution agreements as a tool to hold companies accountable for wrongdoing in State Capture.…
With a new Covid grant, and demand for a basic income grant spiking, companies such as GovChat are getting in on the action. Is SA risking another Net1 debacle?
Daily Maverick | Abby May| 24 June 2021 With the move of government departments to digitisation, private companies creating the digital infrastructure will have access to millions of South Africans’ data. Many will undoubtedly seek to monetise that access. Abby May is an intern at Open Secrets. In late 2020 South African credit bureau agency Experian…
Aljazeera | Michael Marchant & Zen Mathe | 19 April 2021 The South African state has abandoned its commitment to human rights to profit from weapons deals. In so doing, it has become complicit in war crimes in Yemen. Democratic South Africa’s commitment to human rights has never been solely inward-looking. Its constitutional order was…
Daily Maverick | Michael Marchant |15 December 2020 | The Zondo Commission has a vital role to play in advancing the public’s understanding of private corporations’ role in State Capture. It is the commission’s duty and well within its powers to compel banking executives, lawyers, consultants and auditors to appear before it and answer questions…