Tag: Lionel Van Tonder

White-collar crime in Africa is no longer a predominantly domestic concern. It has expanded onto an international stage, and so has the corporate exposure that comes with it. As capital crosses borders, data moves at the speed of light, and corporate structures become more complex, economic crime has kept pace. It has become more sophisticated, more multinational and increasingly difficult to investigate and prosecute within the confines of a single legal system.

The public understandably believes the construction mafia operates within the traditional construction and built environment sector. However, its influence extends far beyond construction, creating highly negative effects. Criminal elements exploit any industry where they can extort third parties.

South Africa is continuously suffering from the effects of corruption and drainage of resources, some of which were highlighted in the state capture saga. Optimistically, significant changes have occurred in the public and private spheres to ensure that the industrial-scale corruption perpetrated does not continue to repeat itself. One such change is the recent signing of the Judicial Matters Amendment Bill into law by President Cyril Ramaphosa on 3 April 2024.