Friday 14 December 2018
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dailymaverick - 29 days ago

The Bankers: Looting secrets and shady tactics of banks and auditors revealed in hard-hitting report

The looting of the VBS Bank may be astounding to struggling South Africans, but it is merely a symptom of a banking and auditing system that skirts the law in order to fleece the poor and enrich the rich. This is revealed in a a new report on corporate corruption by Open Secrets, which also illustrates that the Guptas, aided by Nedbank and Bank of Baroda, are certainly not the be-all and end-all of corporate corruption.

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