Oh the shake up... Things are starting to get hot

in #corruption7 years ago

I posted about state capture demonstrations and about the leak of about 100 000 emails a couple of weeks back.

img source

Well, the story just keeps getting bigger.

If you need to catch up here are the links below:

https://steemit.com/south/@gavvet/sa-protesting-for-a-corrupt-president-to-step-down

https://steemit.com/protests/@gavvet/the-crouds-are-growing

https://steemit.com/news/@gavvet/you-have-your-email-leaks-now-south-africa-has-theirs

https://steemit.com/fakenews/@gavvet/what-happens-when-the-corrupt-get-together-and-collude

This email leak is turning out to be a veritable treasure trove and now even more international companies seem to have had their proverbial hands in the South African cookie jar.

When dealing with corruption the government entities are usually well known, and this has been the case.

Up till now corporate entities have been pretty much unknown and these emails are flushing them out at quite a pace.

  • British PR firm Bell Pottinger, were some of the first, to allegedly be implicated in the emails, with their diversionary PR campaign, to foment race hatred in South Africa.

They have attempted a lame duck apology and fired a few people already.

Now we have a couple more that are being fingered for dubious dealings by the email trails.

  • SAP, a massive software giant from Europe seems to have made some rather large payments to one of the questionable companies.--- their response is that it was sales commission. Many don't seem to be buying this so it will be interesting to see how this unfolds.

  • KPMG, that massive global network of audit, tax and advisory services.
    They are in the hot seat for not having raised red flags for a very large and very dubious transaction during audits. It looks like private wedding expenses of 30 million rand ultimately ended up being paid for with public funds.
    This was for none other than the now infamous Gupta wedding that made the Gupta's a household name.

  • McKinsey, a worldwide management consulting firm, now appears to have been paying off fronting companies that added no value, while supposed to be looking into wasteful and irregular expenditure at Eskom the state owned Power utillity.

These guys are supposed to be the champions of Corporate Governance world wide and now we are seeing just what they get up to behind closed doors.

It was similar types of activities that brought down the auditor firms and consulting houses relating to the Enron debacle.

It's going to be interesting to see where these revelations lead.

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It's going to be interesting to see where these revelations lead.

Where do they normally lead to? More corruption! Enjoyed the read!!!

"You follow drugs, you get drug addicts and drug dealers. But you start to follow the money, and you don't know where the fuck it's gonna take you."

Too bad, too -- SOuth Africa is such an amazing country!

I have some really STUNNING photos that I will be posting on the @traveladdict blog soon...

the wire is the best. Pretty much the entire us is as corrupt as that police department.

Oh my... diversionary PR campaign, to foment race hatred in South Africa.
That bastards. This is insane. I'd probably never know about it.
Thanks for sharing!

About 60% of government functions can be replaced by smart contracts via something like EOS. Tax revenue comes in, smart contracts are used to pay expenses in a way that completely transparent, robotic and accountable. Citizens vote for parties based on their smart contract platform. We will never be able to completely eliminate concentration of power and the resulting corruption but the impact of blockchain tech on governance will be like breaking up that group of rich entitled snots in highschool that do whatever they want with total impunity. I can't wait.

Hi @gavvet Thank you for your post. In this world it is no more a surprise to see how much the one who are on the top of every thing are the most corrupt. I get a friend back in 2001 who get killed by a very big french multinational because he was exposing what they were about in Burma. In France it is exactly the same the last president Francois Hollande was the biggest black ops killing order in all the french history. But most country are like that when it come to big company and lobby this is more dangerous. This is also why politician and law makers want to get the wistleblower in jail or even kill. I believe with project like Steem and other blockchain it is a good way to take off their hands a lot of power. Love and Happiness to all of you

corruption, dishonesty criminals everywhere
on this forked up planet !

Is there any where maybe a place still with some
moral codes and honesty on planet Terra ?

The plot thickens...

Great post! I think most of us are "asleep at the wheel" while this occurs. I believe that a majority of the blame goes to our news organizations that fail to report on this while they focus on tweets and other less relevant issues

Agree with u

It is really hot...?

Good post Thanks

This comment has received a 0.11 % upvote from @booster thanks to: @hamzaoui.

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