Region: South Africa

ABB puts $325 million aside for South Africa probe

30 September 2022

South Africa fines local bank over AML failures

South Africa’s central bank has fined Nedbank 35 million rands ($2.1 million) after an inspection beginning in early 2019 identified various problems in its compliance with anti-money laundering legislation.

15 August 2022

Following Gupta arrests, lawyers warn of long journey to come

South African lawyers say the arrests of the Gupta brothers in Dubai on Monday are a real “milestone” but warned that it could take years for the pair to face trial over their alleged role in widespread corruption in South Africa.

09 June 2022

People news: Former SFO prosecutor joins Greenberg Traurig

In the latest people news roundup, a former SFO prosecutor has joined Greenberg Traurig following a flurry of appointments and departures in the firm’s London office, while Nardello has hired an ex-CIA analyst.

11 May 2022

Proposed anti-corruption agency in South Africa to face uphill struggle

Experts said the Anti-Corruption Authority of South Africa would be hamstrung by the public prosecutor’s poor financial crime track record.

10 January 2022

Zondo Commission publishes first report into corruption in South Africa

05 January 2022

South Africa overturns ex-Steinhoff executive’s insider trading penalty

14 December 2021

South African court refuses to replace prosecutor in Zuma corruption trial

27 October 2021

BAT conspired to bribe Mugabe, BBC reports

13 September 2021

HSBC accused of hiding money laundering concerns from monitor

29 July 2021

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