CECR Vol.2| The Auditors
While the economic impact of Covid-19 will impact KPMG, PwC, Deloitte, and Ernst & Young (EY) like much of the private sector, they are cushioned by years of sustained and avaricious profit-taking.
Unaccountable 00008: FNB & Standard Bank – Estina’s Banks
Unaccountable 00008: FNB & Standard Bank – Estina’s Banks By Michael Marchant The infamous Estina Vrede Dairy Project was supposed to direct public funds to ‘empower’ indigent Free State farmers and develop local agriculture. Instead, almost all of the money was looted to benefit the Gupta enterprise. This week Open Secrets focuses on two of…
Unaccountable 00007: HSBC – The World’s Oldest Cartel
Unaccountable 00007: HSBC – The World’s Oldest Cartel By Mamello Mosiana If Transnet was a golden goose for the Gupta family and their associates, then global banking giant HSBC played the role of tending their illicit nest eggs. This week Open Secrets examines the role of a key global enabler in the State Capture network.…
Explainer: The Enablers of State Capture in the cases of Transnet, Eskom and Estina
This investigative report shows that the systems that enable grand corruption and state capture are global in nature, and that private sector elites are central to the problem.
The Enablers Trailer
Co-authored by Open Secrets and Shadow World Investigations, The Enablers investigative report, explores the largely overlooked yet extensive evidence of the role of the private sector “enablers” in state capture. The Enablers focuses on the role of banks, accounting firms, consultants and lawyers in facilitating criminal conduct that formed part of the state capture enterprise.…
Greasing the Wheels of State Capture: Corporations, Secrecy & Profit
Perspectives- Robbin’ the Hood | 25 August 2019 | Mamello Mosiana and Michael Marchant | Any analysis of state capture is incomplete if it fails to grapple with the network of private actors that facilitates unethical, corrupt and other criminal economic activity. A narrow focus on the structural and institutional weaknesses in the ruling African…
CECR Vol.1| The Bankers
The report begins by outlining the role played by international banks in supporting the apartheid state, both through the facilitation of illegal weapons trades and the continued provision of loans and capital despite international recognition of apartheid as a crime against humanity. It also considers the impact on democratic South Africa in repaying these odious debts.
Apartheid Guns & Money
This meticulously researched book finally lifts the lid on some of the darkest secrets of apartheid’s economic crimes