Unaccountable 00021: Bain and Company- The KGB of Consulting By Zen Mathe Bain & Company is one of several powerful multinational corporations at the centre of corruption and State Capture in South Africa. Bain enabled the wrecking of the South African Revenue Service, contributing to economic hardship for all South Africans. Placing profit over principle,…
Daily Maverick | Sasha Planting | 16 February 2021 | With SA’s Independent Regulatory Board for Auditors (Irba) in a full-blown governance crisis and the Auditing Profession Amendment Bill still wending its way through Parliament, two of the firms involved in SA’s gigantic accounting scandals are attempting to make right for past failings. On Monday,…
Mark Heywood | Daily Maverick | 2 February 2021 The latest scandal concerning the Gauteng Education Department’s R431-million expenditure on ‘deep-cleaning and decontaminating’ schools is symptomatic of a deeper problem: we live in a land of hopeless impunity for maladministration and corruption. It was the year Covid-19 upended our lives. But 2020 was also characterised by…
Daily Maverick | Ruan Jooste | 25 January 2021 | The Big Four auditing firms – Deloitte, EY, KPMG and PwC – played a systemic role in financial crimes across the globe and evidence suggests that these firms have prioritised profit over professional duties and the law. Accountability reforms are around the corner, but will…
Business Live| Natasha Marrian|14 January 2021 | Civil society bodies push for corporations implicated in state capture to be more thoroughly grilled by Zondo. Are private corporations being treated with kid gloves by the commission of inquiry into state capture? Sections of civil society say the impression is being created that the commission, chaired by…
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…
Newzroom Afrika | 16 December 2020 | More than 20 civil society organisations have written an open letter to Deputy Chief Justice Raymond Zondo, highlighting a list of witnesses they believe should be prioritised during the Commission of Inquiry into State Capture. They say the commission should use its full power to compel them to…
8 October 2020 | Biz News | In this BizNews noon webinar (Thursday 8 October), veteran broadcaster Tim Modise is joined by Public Service Commissioner Michael Seloane and Mamello Mosiana of Open Secrets to discuss efforts to promote professional ethics in the face of collusive networks of corruption within the public sector.
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…
