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11-20 results from 1000 for query «scandal»

26 October 2018 6:56 AM Malema's cousin received almost R6m in VBS scandal

EFF leader Julius Malema's cousin has been implicated in irregular payments of almost R6m believed to emanate from the plundering of VBS Mutual Bank, the Mail & Guardian (M&G) reported on Friday. The payments were reportedly made from Sgameka Projects – a company owned by Brian Shivambu, the brother of EFF deputy leader Floyd Shivambu – to Mahuna Investments 89

23 October 2018 12:02 PM LIVE: National Assembly debate on VBS Mutual Bank scandal

Deputy Finance Minister Mondli Gungubele has cautioned against a bailout of VBS Mutual Bank, saying rescuing the bank would send a message that “criminals can steal” and the state would pay, according to a Sunday Times report. Some MPs in the African National Congress (ANC) caucus have argued that government must step in to save the beleaguered bank, just as it did with African 92

21 October 2018 10:38 AM Gungubele: Rescuing VBS would send message that 'criminals can steal' and state will bail out

Deputy Finance Minister Mondli Gungubele has cautioned against a bailout of VBS Mutual Bank, saying rescuing the bank would send a message that “criminals can steal” and the state would pay, according to a Sunday Times report. Some MPs in the African National Congress (ANC) caucus have argued that government must step in to save the beleaguered bank, just as it did with African 61

18 October 2018 11:20 AM Malaysia opposition leader arrested for corruption

Malaysia's opposition leader was arrested on Thursday on suspicion of corruption, a fresh blow to his party which was ousted at elections this year after six decades in power. Ahmad Zahid Hamidi, a former deputy premier and ally of scandal-mired ex-leader Najib Razak, was detained after being questioned by anti-corruption authorities. He will be charged 51

17 October 2018 8:35 PM Grounded Abbas determined to continue rapid rise

Abu Dhabi - Pakistan paceman Mohammad Abbas insisted on Wednesday he is confident his rapid success will not go to his head, saying a tough early life has helped him mature as a person. The 28-year-old worked as a welder and a leather factory labourer in Pakistan before his hard work in cricket paid dividends with a first-class debut in 2009. Abbas has been Pakistan's 32

16 October 2018 8:34 PM Audi agrees to pay R13bn fine to settle emission case

Volkswagen AG’s Audi unit will pay a fine of $927m (R13bn) to settle an investigation by German prosecutors into the carmaker’s cheating on emissions regulation. The penalty, which Audi accepted and won’t appeal, consists of €5m (about R82m) for regulatory offenses, with the remainder a repayment of economic benefits as a result of the cheating, Audi said on Tuesday 56

16 October 2018 10:47 AM Malema demands proof of Shivambu's involvement in VBS scandal

Brian Shivambu is the latest party implicated in an explosive forensic report into the collapse of VBS Mutual Bank seeking to have it reviewed. According to a damning report titled The Great Bank Heist compiled by Advocate Terry Motau and law firm Werksmans attorneys, Shivambu – owner of Sgameka projects – received R16m from VBS. He has since denied 52

11 October 2018 2:20 PM Former transport minister jailed over deadly train crash in Argentina

A former transport minister has been jailed for almost six years in Argentina for his role in a 2012 train crash that killed 51 people, court officials said on Wednesday. Julio De Vido was convicted of defrauding the state by siphoning money from public works projects, indirectly leading to the wreckage. The 68-year-old, who was a planning minister with responsibility 100

10 October 2018 6:24 AM UK medical waste firm dropped after body parts 'pile up'

A British waste disposal firm has been stripped of its hospital contracts after allowing medical waste to build up, including human body parts, the government said on Tuesday. Healthcare Environment Services (HES) lost contracts with 15 regional bodies within the state-run National Health Service (NHS), health minister Stephen Barclay said. "While the waste 116

07 October 2018 7:12 PM RandGold CEO resigns from conservation group after trophy hunting scandal

RandGold Resources CEO Mark Bristow has resigned from the conservation council of a big cat protection organisation, Panthera following UK reports picturing him on hunting trips. Panthera chairperson Thomas Kaplan said that he had accepted Bristow’s resignation with "deep gratitude for the various contributions" he had made to conservation. "The way he put it to me both verbally 43