Fraud cost Africa $10.9bn in 2011 - Fin24

[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=AFQjCNHJZiSnmDK9JlEvZmUMCF AXz4lEvgamp;url=http://www.businesslive.co.za/world/2012/04/25/africa-fraud-barometer-risesimg src=//nt0.ggpht.com/news/tbn/QFlYR6nLJSWUcM/0.jpg alt= border=1 width=80 height=51 /br /font size=-2BusinessLIVE/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=AFQjCNGnLtG0Pr96XxzkHcDJfU s_0Cuspgamp;url=http://www.fin24.com/Economy/Fraud-cost-Africa-109bn-in-2011-study-20120426bbFraud/b cost Africa $10.9bn in 2011/b/abr /font size=-1bfont color=#6f6f6fFin24/font/b/fontbr /font size=-1Johannesburg - Bribery, theft and other kinds of bfraud/b cost African governments and companies at least $10.9bn 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=db8yJx5L1qyrfVMA0pGa 7LyvUtKGMnobrball 54 news articlesnbsp;raquo;/b/nobr/a/font/div/font/td/tr/table

More... (http://news.google.com/news/url?sa=tfd=Rusg=AFQjCNGnLtG0Pr96XxzkHcDJfUs_0Cuspg url=http://www.fin24.com/Economy/Fraud-cost-Africa-109bn-in-2011-study-20120426)