Issue 1384 - 23 June 2020

HEADLINES IN THIS ISSUE

  • All seven VBS Mutual Bank accused manage to pay bail
  • Glencore share falls on news of Swiss criminal probe over DRC dealings
  • Human Settlements, Water and Sanitation dept lays criminal charges against former board CEOs
  • City Power Joburg says CEO's special leave is not 'ANC politics', as DA alleges
  • EUSA calls for probe into alleged looting of DBE covid-19 funds
  • And more...

All seven VBS Mutual Bank accused manage to pay bail

The Palm Ridge regional court last week granted the group, which includes the bank’s top executives, bail of R100,000 each, despite some of the accused pleading poverty. Business day - 22 June 2020 - Click here

Glencore share falls on news of Swiss criminal probe over DRC dealings 

The share price of diversified miner Glencore was on track for its worst day in more than three months on Monday, amid news Swiss authorities are investigating alleged corruption related to its operations in the Democratic Republic of the Congo (DRC). Business Day - 22 June 2020 - Click here

Human Settlements, Water and Sanitation dept lays criminal charges against former board CEOs

“The department has taken a decision that it will not allow people who are employed and paid by the state to go rogue and undermine the authority of the state. The department won’t allow individuals to use institutions of government as fiefdom of corruption and embezzlement.” The Citizen - 20 June 2020 -Click here

City Power Joburg says CEO's special leave is not 'ANC politics', as DA alleges 

The DA has said that the suspension of City Power Johannesburg's CEO, Lerato Setshedi, "demonstrates that the board is playing ANC politics, instead of maintaining critical oversight of the ailing power utility, improving operations and implementing a workable turnaround strategy".  News 24- 18 June 2020 - Click here

EUSA calls for probe into alleged looting of DBE covid-19 funds 

The Educators’ Union of South Africa (Eusa) said that it had written to President Cyril Ramaphosa asking for an investigation into the alleged looting of COVID-19 relief funds by the Department of Basic Education (DBE). Eyewitness News - 22 June 2020-Click here

Sierra Leone: Military Officer Arrested for Collecting Bribe

The Anti-Corruption Commission (ACC) has on Thursday, June 18th, arrested one military officer, who allegedly received seventy thousand Leones (70,000) as bribe to facilitate the passage of a vehicle that did not have an E-PASS. All Africa - 22 June 2020 -Click here

Coronavirus: Zimbabwe health minister in court on corruption charges

Obadiah Moyo was arrested on Friday after the government came under pressure from the opposition and on social media over a scandal surrounding the procurement of coronavirus tests and equipment. BBC News - 20 June 2020 -Click here

Scientists Say They've Figured Out How to Get Usable Energy From Plants

Researchers planted an enzyme into samples of the algae and observed it producing hydrogen, a source of energy already used to fuel vehicles. Science Alert - 13 June 2020 -Click here