Fraud cost Africa at least $10.9bn in 2011 - Independent Online

[FraudNews]

table border=0 cellpadding=2 cellspacing=7 style=vertical-align:top;trtd width=80 align=center valign=topfont style=font-size:85%;font-family:arial,sans-serifa href=http://news.google.com/news/url?sa=tamp;fd=Ramp;usg=AFQjCNH7OlhuEjHUkue-u6iQRLolAAyd9Qamp;url=http://www.iol.co.za/business/international/fraud-cost-africa-at-least-10-9bn-in-2011-1.1284027img src=//nt0.ggpht.com/news/tbn/9Fuc0DWeHyJCtM/0.jpg alt= border=1 width=80 height=60 /br /font size=-2Independent Online/font/a/font/tdtd valign=top class=jfont style=font-size:85%;font-family:arial,sans-serifbr /div style=padding-top:0.8em;img alt= height=1 width=1 //divdiv class=lha href=http://news.google.com/news/url?sa=tamp;fd=Ramp;usg=AFQjCNH7OlhuEjHUkue-u6iQRLolAAyd9Qamp;url=http://www.iol.co.za/business/international/fraud-cost-africa-at-least-10-9bn-in-2011-1.1284027b#39;bFraud/b cost Africa at least $10.9bn in 2011#39;/b/abr /font size=-1bfont color=#6f6f6fIndependent Online/font/b/fontbr /font size=-1By Reuters Bribery, theft and other kinds of bfraud/b cost African governments and companies at least $10.9 billion last year, auditing firm KPMG estimated in a study on Wednesday, a sobering reminder of the challenges facing the fast-growing continent./fontbr /font size=-1a href=http://news.google.com/news/url?sa=tamp;fd=Ramp;usg=AFQjCNHJZiSnmDK9JlEvZmUMCF AXz4lEvgamp;url=http://www.businesslive.co.za/world/2012/04/25/africa-fraud-barometer-risesAfrica bFraud/b Barometer rises/afont size=-1 color=#6f6f6fnobrBusinessLIVE/nobr/font/fontbr /font size=-1 class=p/fontbr /font class=p size=-1a class=p href=http://news.google.co.za/news/more?pz=1amp;ned=en_zaamp;ncl=dzyz1KYr4JvmWhMA0pGa 7LyvUtKGMnobrball 7 news articlesnbsp;raquo;/b/nobr/a/font/div/font/td/tr/table

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