This is the repository for all the documents cited in the PRASA-related Unaccountable profiles and 3-part PRASA series with GroundUp. Corruption has a direct impact on the lives of people in South Africa. The link between corruption and lived experience is nowhere more obvious than the erosion of passenger train services in South Africa. The…
Unaccountable 00026: Vossloh- The German railway giant that derailed Prasa By Lucas Nowicki In installment 00024 of Unaccountable we focused on middleman Auswell Mashaba and his shelf company Swifambo Rail Leasing, which was used as a front by Vossloh España to secure a lucrative contract with Prasa that resulted in the SOE spending billions on…
Unaccountable 00025: The Russian Bank that took Mozambique for a ride By Mamello Mosiana The people of Mozambique have been battered in recent times by devastating cyclones and an increasingly virulent armed insurgency in the North of the country. The backdrop is a country battling state capture. This involves a coterie of corrupt politicians, multinational…
19 May 2021 | This is the repository of the sources cited in the 25th instalment of Unaccountable, VTB Capital- The Russian Bank that took Mozambique for a ride.
Unaccountable 00024: Auswell ‘tall trains’ Mashaba: The middleman who derailed Prasa By Lucas Nowicki Who are the shady middlemen who derailed Prasa? We turn our attention to Auswell ‘tall trains’ Mashaba, whose business Swifambo Rail Leasing is one of the locomotives of corruption at Prasa. In last week’s instalment of Unaccountable, we discussed the politicians, board members…
Unaccountable 00023: How Prasa was looted and left for scrap By Lucas Nowicki The link between corruption and lived experience is nowhere more obvious than the erosion of passenger train services in South Africa. Prasa’s service has declined so dramatically over the past decade that the majority of working-class South Africans who once relied on…
Unaccountable 00022: The Chinese Railway Rolling Stock Corporation: China Inc boards the State Capture train By Hlohi Ndlovu 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…
This is the repository for all the documents cited in the 22nd profile of the Unaccountable series: CRRC- China Inc boards the state capture train Where is the Transnet loot and why hasn’t it been recovered? Given the governments recently announced austerity measures targeting social spending this question demands an urgent answer. Why have institutions…
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,…