Investigations into Denel corruption and wrongdoing slowly progressing defenceweb.co.za - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from defenceweb.co.za Daily Mail and Mail on Sunday newspapers.
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Written by Guy Martin -
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The Special Investigation Unit (SIU) is looking at recovering some of the funds paid by Denel to VR Laser Services following the irregular awarding of contracts to the company.
The SIU on 3 March gave a presentation to the Standing Committee on Public Accounts (SCOPA) on its investigation into Denel.
Denel’s relationship with steel cutting and armoured vehicle fabrication specialists VR Laser Services, and the subsequent establishment of Denel Asia with VR Laser, is one of the most controversial and damaging to Denel. “It was one of the Gupta companies that was involved in Denel at the time,” SIU lead investigator Zodwa Xesibe told SCOPA.
The Democratised Transport Logistics and Allied Workers Union (Detawu) is calling on the Financial Sector Conduct Authority (FSCA) to act against all those who were implicated in widespread corruption and maladministration at the Private Security Sector Provident Fund (PSSPF) following a forensic investigation report by Ngidi Business Advisory that was made public by the Daily News last month
Union calls for action on Private Security Sector Provident Fund corruption
By Aishah Cassiem
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Durban - The Democratised Transport Logistics and Allied Workers Union (Detawu) is calling on the Financial Sector Conduct Authority (FSCA) to act against all those who were implicated in widespread corruption and maladministration at the Private Security Sector Provident Fund (PSSPF) following a forensic investigation report by Ngidi Business Advisory that was made public by the Daily News last month.