The Chinese Railway Rolling Stock Corporation: China Inc boards the State Capture train

Unaccountable 00022 | 31 March 2021 | Where is the Transnet loot and why hasn’t it been recovered? Given the government’s recently announced austerity measures targeting social spending, this question demands an urgent answer. Why have institutions such as Transnet thus far largely failed to fully recover funds looted during the State Capture era? The…

Unaccountable 00021: Bain and Company- The KGB of Consulting

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, Bain remains unaccountable and continues to dodge responsibility for serious economic crimes.…

Big audit firms make amends – but is it enough?

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,…