Cosatu welcomes new UK arms deal probe

2010-11-08 21:06

kalahari.com

Cape Town - Cosatu has welcomed the decision by the United Kingdom auditing body, the Accountancy and Actuarial Discipline Board, to launch a new investigation into SA's arms deal.

"They are to investigate KPMG, which advised BAE Systems on offshore companies that were used to pay 'commissions' to influence the awarding of contracts in South Africa's R47.4bn defence procurement package," Congress of SA Trade Unions spokesperson Patrick Craven said in a statement on Monday.

BAE had also been under investigation by Britain's Serious Fraud Office since 2007 for "issuing bribes" in South Africa, he said.

It recently paid a £286m fine for failing to comply with global anti-bribery rules.

The union federation however regretted it should have been left up to British organisations to investigate what should have been probed by the SA government and its agencies, in particular the Hawks, Craven said.

The Hawks recently told Parliament they were abandoning their investigation into the same matter. They said it would cost too much to pursue the investigation, and only one specialist investigator was available to trawl through the 460 boxes of files and 4.7 million computer-generated documents in his possession relating to the arms deal.

Cosatu also welcomed assurances by both the SA Police Service and KPMG that they would assist the British investigation if requested.

"Cosatu reaffirms its view that the arms deal is a litmus test of the government's seriousness in rooting out corruption, which threatens the foundations of our democracy and must be fought wherever it occurs, with no exceptions," he said.

The federation "warmly" welcomed recent indications the government was now turning its verbal condemnation of corruption into deeds. An example was Finance Minister Pravin Gordhan's commitment that government "will clamp down on crooks".

It would do so by introducing new public disclosure rules for all prospective government contracts, and imposing stiff penalties on companies and individuals involved in tender corruption.

"We applaud also (Public Service and Administration Minister) Richard Baloyi's special anti-corruption unit, which will investigate senior government officials with undeclared business interests in dealings with government, performing remunerative duties outside public service, soliciting bribes and receiving grants or benefits unlawfully."

Baloyi was "absolutely right" when he called corruption the biggest threat to good governance, one that could "collapse an economy".

"All these promises will turn out to be hollow, however, if those involved in corruption in the arms deal are not investigated... ," Craven said.

- SAPA
Read more on:    richard baloyi  |  pravin gordhan  |  military
NEXT ON NEWS24X
SHARE:

Read News24’s Comments Policy

 

Inside News24

 
/Movies
Traffic & Train Alerts
Traffic
Cape Town 06:03 AM
Road name: MetroRail

Train services between Nyanga/Chris Hani (Khayelitsha) and Nyanga/Kapteinsklip remain SUSPENDED - all stations on these sections are CLOSED

Langa 05:59 AM
Road name: N2 Inbound

SARIOUS CRASH at the N7 off-ramp - RAMP CLOSED

Jobs in Cape Town [change area]

Property [change area]

Travel - Look, Book, Go!

Magical Massinga

Spend 5 nights at the gorgeous Massinga Beach Lodge in Mozambique and only pay for 4 from R13 220 per person sharing. Includes return flights, accommodation, transfers and romantic turndown. Book now!

Kalahari.com - shop online today

Up to 60% off - clearance sale!

Save up to 60% on appliances, books, electronics, toys, movies and more. Offer valid while stocks last. Shop now!

Deal of the Week!

Get bestselling John Green novels now just R99 each! Hurry and get yours while stocks last. Shop here.

Mind blowing deals on beauty & fragrances

Save up to 30% off beauty and fragrances. Offer valid while stocks last. Shop now!

Up to 50% off hair care products!

Save up to 50% on professional hair care products at kalahari.com. Offer valid while stocks last. Shop now!

30% off academic books

Score a mind blowing 30% off academic books! Offer valid while stocks last. Shop now!

OLX Free Classifieds [change area]

Samsung Galaxy s4

Mobile, Cell Phones in South Africa, Western Cape, Cape Town. Date October 24

Best bargain in big bay

Real Estate, Houses - Apartments for Sale in South Africa, Western Cape, Cape Town. Date October 25

VW Golf 6, 1.6 Trendline (Excellent condition)

Vehicles, Cars in South Africa, Western Cape, Cape Town. Date October 25

Horoscopes
Jan 21 - Feb 18
Jan 21 - Feb 18

You may be inspired to do things that expand your mind in a big way today. You have a need to explore and a need to please....read more

There are new stories on the homepage. Click here to see them.
 
English
Afrikaans
isiZulu

Hello 

Create Profile

Creating your profile will enable you to submit photos and stories to get published on News24.


Please provide a username for your profile page:

This username must be unique, cannot be edited and will be used in the URL to your profile page across the entire 24.com network.

Settings

Location Settings

News24 allows you to edit the display of certain components based on a location. If you wish to personalise the page based on your preferences, please select a location for each component and click "Submit" in order for the changes to take affect.








Facebook Sign-In

Hi News addict,

Join the News24 Community to be involved in breaking the news.

Log in with Facebook to comment and personalise news, weather and listings.