South Africa has been fingered in the alleged “improper payments” originating from contracts that the ANC’s investment arm, Chancellor House, for work at the Medupi and Kusile power stations.
As a signatory of the OECD Convention which is aimed at … Read the rest
Turkish cellphone company Turkcell has opened a lawsuit in South Africa against rival telecoms company MTN Group seeking damages for losses it says it incurred in Iran.
Turkcell filed a $4.2-billion lawsuit in Washington last year alleging the Johannesburg-based cellphone … Read the rest
The KwaZulu-Natal government wanted a contract with a Cape Town-based Uruguayan businessman to be concluded quickly so he could make a donation to the ANC, the Mercury reported on Wednesday.
Former KwaZulu-Natal health MEC Peggy Nkonyeni allegedly told this to … Read the rest
Irregular financial reporting is becoming a worry for corporate South Africa with recent research showing a greater awareness among directors and senior managers of the practice. Other investigations are highlighting a growing mistrust among staff members in big companies and … Read the rest
The South African Police Service reports that yesterday, 8 October 2012, Ladysmith detectives arrested a 37-year-old Public Prosecutor at the Ladysmith Magistrates’ Court for corruption.
It is alleged that the prosecutor was working at a Traffic Offences court when he … Read the rest