1 October 2020 | Daily Maverick | Mamello Mosiana and Michael Marchant | Banks are an essential cog in a global money-laundering architecture that enables the corrupt and criminal to disguise and hide the proceeds of their crimes. New revelations from the US reveal the depths of the problem of banks laundering money and the…
Breakfast with Refilwe Moloto | 17 September 2020 | Let’s not forget that state capture is so much bigger and Zuma and that this corruption doesn’t exist in a vacuum – the private sector has been there every step of the way. Michael Marchant from Open Secrets in conversation with Refilwe.
Unaccountabe 00018: KPMG – At the heart of state capture By Mamello Mosiana The Big Four auditing firms – Deloitte, EY, KPMG and PwC – played a systemic role in economic crimes and State Capture. The evidence suggests that these firms have prioritised profit over professional duties and the law. Accountability and reform of the…
Unaccountable 00017: EY – incompetent, negligent or criminal? By Michael Marchant The ‘Big Four’ audit firms – Deloitte, EY, KPMG and PwC – all play a systemic role in economic crimes and State Capture. The evidence suggests that these firms have prioritised profit over professional duties and the law. Accountability and reform of the industry…
Paul Holden | Daily Maverick | 18 August 2020 | The crisis of State Capture and the epidemic of corruption that undermines Covid-19 relief and mitigation efforts, find their roots in the wholesale destruction of the capacity of the state to tackle corruption lest those capacities uncover the full rot of the Arms Deal. South…
CFO Talks Podcast | 17 August 2020 | A recent report released by Open Secrets provides fascinating insight to financial crimes in South Africa’s private and public sector. Open Secrets’ researcher Michael Marchant speaks to CFO Talks.
Unaccountable 00016: Deloot – How Deloitte gets away with it By Michael Marchant The ‘Big Four’ audit firms – Deloitte, EY, KPMG and PwC – all play a systemic role in economic crimes and State Capture. The evidence suggests that these firms have prioritised profit over professional duties and the law. Accountability and reform of…
Open Secrets researcher Michael Marchant speaks to Cape Talk’s Lester Kiewit
SA FM | Viewpoint | 8 July 2020 | The Auditor General recently released a report and it tells of gross financial mismanagement in the public sector. Now the public sector is bound to attract attention because it runs on taxpayer’s money. But this doesn’t necessarily mean that the same unscrupulous way don’t exist in…
Lack of independence, poor accountability and a culture of silence are some of the issues plaguing the auditing profession globally.
