Mozambique is another state battling State Capture. At the centre of one of Africa’s biggest corruption scandals is Swiss banking behemoth Credit Suisse.
The ‘Big Four’ audit firms – Deloitte, EY, KPMG and PwC – all play a systemic role in economic crimes and State Capture. The evidence suggests that these firms have prioritised profit over professional duties and the law. Accountability and reform of the industry are thus essential. In July, Op.
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.
Investigators probing the Financial Sector Conduct Authority (FSCA) warned Public Protector Busisiwe Mkhwebane that the related report would probably be challenged in court.