Thomas Fox (JD Supra South Africa)
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Harold Bloom and the Fight Against Corruption in South Africa
The South African story is but one story on the invidiousness of international corruption. The $34bn the country lost pales beside the amount the United Nations (UN) estimates that bribery and corruption costs on an annual worldwide basis; that of $3 trillion. It is up to each and other compliance professional to help fight this scourge.
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McKinsey, South Africa and the FCPA
Do you recall the boycott of South Africa from the 1970s and 1980s as a lexicon of the global fight against apartheid? The boycott extended from business to sporting events and everything in between. The campaign was one of the key reasons for the fall of the white minority government.
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Read All About It-Newspaper Reporting And FCPA Allegations
One of the avenues rarely discussed for allegations of violations of the Foreign Corrupt Practices Act (FCPA) to work their way to the Department of Justice (DOJ) or Securities and Exchange Commission (SEC) is through good old newspaper reporting. It looks like we may see an example of that in the upcoming months. The story involves the company Gold Fields Limited, which is a South African gold...