PDA

View Full Version : Massive fraud exposed at department of public works - Moneyweb.co.za



FraudNews
09-19-2011, 06:49 PM
http://nt1.ggpht.com/news/tbn/iZTp0C1BmKfVIM/0.jpg
BusinessLIVE (http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNF3G4NQlBrmTPs_ahYUa_XbuWlJiw&url=http://www.businesslive.co.za/southafrica/2011/09/19/probe-reveals-r3bn-tender-irregularities)


Massive fraud exposed at department of public works (http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNFR4KBL4N_p0lPtVPVehwnBRwtENw&url=http://moneyweb.co.za/mw/view/mw/en/page292520?oid%3D552125%26sn%3D2009%2BDetail%26pid %3D287226)
Moneyweb.co.za
Moneyweb understands the modus-operandi for fraud includes department employees establishing businesses for the express purpose of applying for tenders for from the department. The tenders are then awarded to these firms. Employees also received bribes ...
South African Ministry Finds 3 Billion Rand in Tender Fraud (http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNFewnslBPuXfehZGZ17uaxuW1ef7Q&url=http://www.bloomberg.com/news/2011-09-19/south-african-ministry-finds-3-billion-rand-in-tender-fraud-1-.html)Bloomberg
South Africa finds corruption in government leases (http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNECsRk1QdodfFHxIFAz24-SmYhp1g&url=http://www.taiwannews.com.tw/etn/news_content.php?id%3D1711642)eTaiwan News

all 15 news articles » (http://news.google.co.za/news/more?pz=1&ned=en_za&ncl=dLxrIJdXY2Yvr7MP-SoxhTbtvs1gM)





More... (http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNFR4KBL4N_p0lPtVPVehwnBRwtENw&url=http://moneyweb.co.za/mw/view/mw/en/page292520?oid%3D552125%26sn%3D2009%2BDetail%26pid %3D287226)