by Errol Naidoo
February 14, 2021

Witness testimony at the Zondo Commission exposed a staggering litany of corruption, theft, fraud, looting, racketeering, money laundering and gross maladministration that crippled State Institutions and brought the country to the brink of bankruptcy.

by Alastair Leithead, BBC News
15 August 2018

A whistle-blower has told the BBC he was the middleman between rhino-horn smugglers and a court syndicate in South Africa's KwaZulu-Natal province.

by Transparency International
March 10, 2016

There is no silver bullet for fighting corruption. Many countries have made significant progress in curbing corruption, however practitioners are always on the lookout for solutions and evidence of impact.

by Corruption Watch

Corruption affects us all. It threatens sustainable economic development, ethical values and justice; it destabilises our society and endangers the rule of law. It undermines the institutions and values of our democracy.

by Claudia Rosett
September 25, 2015

Founded in 1945 to promote global peace, human dignity and freedom, the United Nations is celebrating its 70th anniversary — with a parade of dictators. The ceremonies will peak on Monday, at U.N. headquarters in New York, when the General Assembly opens its annual debate with a lineup starring the presidents of such notorious tyrannies as China, Russia, Iran and Cuba.

by Ruan Jooste
October 8, 2015

Government corruption is now perceived as the biggest threat to business and investment: more so than unemployment, the infrastructure backlog or labour instability. That’s according to the latest risk report of the Institute of Risk Management of SA, which warns that dodgy dealing by public servants is now highly likely — as well as being the most serious drawback in the country’s investment profile.

by Institute of the World Jewish Congress
1996

Switzerland's reputation as a neutral safe-haven during World War 11 has been badly tarnished by recent revelations about its wartime transactions with Germany. What began as an examination of the dormant bank accounts of Holocaust victims has gained momentum to include the whole gamut of Swiss financial dealings with the Nazis. In recent months a vast amount of incriminating documentation has been unearthed that reveals the sinister side of Swiss "neutrality".

by Minxin Pei - Forbes
January 22, 2009

Corruption is universally viewed as a scourge. It stifles commerce, perverts governments and breeds social injustice. The most common cause of corruption is believed to be a combination of discretion and accountability. Governments with enormous discretionary power and low accountability are more corrupt than those with less discretion and more accountability. This observation has led us to seek institutional reforms that would grant governments less discretionary power, while making them more accountable to the people.

Reviewed by Dr Peter Hammond

Robert Guest, the African Editor of The Economist tackled the subject of Africa’s poverty, and what can practically be done to uplift the people of Africa, in his book: “The Shackled ContinentAfrica’s Past, Present and Future.” Robert Guest is a graduate of Oxford University and he lived in Africa for three years reporting on the wars, famines and economics. He regularly appears on CNN and the BBC. Guest points out that Africa is the poorest continent on earth, and the only one that has actually grown poorer over the last 30 years.“Not even Africans want to invest in Africa – about 40% of Africa’s privately held wealth is held offshore.”

by Corruption Watch
March 13, 2015

An ISS study has found that young South Africans are increasingly conscious of fraud and corruption and the negative impact it has on their future. Corruption Watch's data from our own youth surveys bears this out. A lack of accountability by senior officials and politicians, combined with perceptions of high levels of corruption, could prove detrimental to the future prospects of young South Africans. Fraud and corruption cost the South African economy billions annually, but the impact of fraud and corruption is felt well beyond the fiscus.

by Transparency International
April 21, 2015

There are many barriers that prevent individuals from speaking up. Public trust in the ability of institutions to deal with corruption is low and reporting channels are often unclear or unreliable. Laws that protect whistleblowers are poorly implemented or non-existent and citizens often do not know their rights or how to effectively exercise them. This report provides examples of how Transparency International has worked with citizens to challenge the assumption that nothing can be done about corruption.

by Transparency International

A key challenge in preventing and fighting corruption is to detect and expose bribery, fraud, theft of public funds and other acts of wrongdoing. One of the most direct methods of shining the light on corruption is whistleblowing. Unfortunately, whistleblowers commonly face retaliation in the form of harassment, firing, blacklisting, threats and even physical violence, and their disclosures are routinely ignored.

by Global Financial Integrity

Most crimes committed in the world are crimes of greed. Transnational criminal networks can generate huge sums of money, and—like any other business—they require access to the international financial system in order to conduct their complex and far-reaching operations. Law enforcement operations often focus predominantly on interdicting the physical objects—like bags of cocaine or boxes of counterfeit Rolexes—being smuggled by criminals, rather than tracking and seizing the money being earned by the criminal networks.

by Global Financial Integrity

Illicit financial flows (IFFs) are illegal movements of money or capital from one country to another. GFI classifies this movement as an illicit flow when the funds are illegally earned, transferred, and/or utilized.

by Global Financial Integrity

Trade misinvoicing is a method for moving money illicitly across borders which involves deliberately misreporting the value of a commercial transaction on an invoice submitted to customs.  By fraudulently manipulating the price, quantity, or quality of a good or service on an invoice, criminals can easily and quickly shift substantial sums of money across international borders.

by Global Financial Integrity

The phrase ‘tax haven’ often conjures up images of a balmy palm tree-studded island nation with an ‘anything goes’ attitude to accepting financial deposit. But these classical tax havens now have a lot of company—despite recent progress, there are still plenty of places all over the world where one can stash their money without scrutiny.

by Global Financial Integrity

Money laundering is the process of disguising the proceeds of crime and integrating it into the legitimate financial system. Before proceeds of crime are laundered, it is problematic for criminals to use the illicit money because they cannot explain where it came from and it is easier to trace it back to the crime.