$7bn Corruption Probes Ongoing in South Africa’s SOEs
SOUTH Africa is currently investigating alleged corruption amounting to over $7bn at several major state-owned enterprises, according to a report released on Tuesday by the Special Investigative Unit (SIU), the country’s national anti-graft body. These investigations, some of which have been ongoing since 2018, involve six key state-owned businesses: Transnet (ports and rail), Denel (arms … Read more