$2 billion embezzled in Mozambique… What’s new?

Switzerland has opened a probe related to $2 billion of loans to Mozambique that were organized by banks including Credit Suisse Group AG and VTB Bank PJSC, in a scandal that has already attracted the attention of prosecutors in the … Read the rest

Nedbank, Edward Nathan Sonnenbergs in serious trouble

Giant law firm Edward Nathan Sonnenbergs and their co-conspirators Nedbank, are in serious trouble.

What happened last week will be devastating to their reputation. They stand to lose millions, if not billions in revenue from boycotts.

By now you know … Read the rest

Mayor held for Mandela fraud

The Daily Dispatch newspaper reported how politically-connected “tenderpreneurs” cashed in on the Nelson Mandela’s chaotic memorial service in December last year.

Factions in the ANC in the Eastern Cape had T-shirts made with public money.

The newspaper said it broke … Read the rest

Pentagon probes massive recruiting fraud

fraudWhen a retired Army colonel and an enlisted soldier from Albuquerque, N.M. were charged last year with defrauding the National Guard Bureau out of about $12,000 the case drew little public attention. But it’s now become clear that the two … Read the rest

Heavy sentences demanded for murder trio

ruralagedThe South African Police Service in Limpopo on Monday will be demanding heavy sentences for a black couple and an associate on trial for 53 charges, which include murder, attempted murder, robbery, fraud, theft, racketeering and possession of drugs.

The … Read the rest

S. African criminals ‘admitting and registering’ students now – at a price

Admissions-600x300Police in Kwazulu-Natal province have warned first year students to take extra precautions during their registrations. They are warned not to make any payments on a street or in vehicles. It is alleged that criminals are promising students entrance to … Read the rest

Official pockets hundreds of thousands for wiping R1.1 million in fines

tshwane2A Tshwane Metro official who allegedly pocketed hundreds of thousands of rand by clearing drivers’ traffic fines has been fired.

The official, Kgotso Lethoba, had worked in the transgressions department at the Akasia vehicle licensing centre, which falls under the … Read the rest

S. African police trying to clean up crime, corruption in its ranks

SAPS-murderTwenty members of the SA Police Service have been suspended in the past two months, the police said on Sunday.

“The actions of the employees were investigated and, based on prima facie evidence, disciplinary action was taken against them,” spokesman … Read the rest

S. African police block raid on Nelson Mandela Foundation

nelsonmandela_foundationSenior police management blocked a planned raid on charities associated with former president Nelson Mandela, the Mail & Guardian reported on Friday.

High level police officials were reportedly worried that a raid on the Nelson Mandela Foundation, the Nelson Mandela … Read the rest

Figure revised in police corruption case

The amount two senior police officers are accused of stealing from a crime intelligence fund has been reduced, the Pretoria Magistrate’s Court heard on Wednesday.

Crime intelligence unit chief financial officer Maj-Gen Solly Lazarus and the unit’s head of logistics … Read the rest

Almost R1 billion lost to known government fraud in South Africa

3d man tied with text 'fraud' after committing crime.The Times reports that nearly R1-billion lost through fraud in the public service has not been recovered.

Government departments have managed to get less than R1-million back into the state’s coffers.

The Public Service Commission has found that the public … Read the rest