South Africa Archives - The Compliance Lady

Consultancy Bain & Co hit with a 3 year ban in the UK, over South Africa State Capture

August 3, 2022August 23, 2023The Compliance Lady

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Banking India MONEY LAUNDERING South Africa UAE

Bank of Baroda fined $1.8M by UAE Central Bank for AML failures

January 27, 2021January 29, 2021The Compliance Lady

In an interesting move, the UAE Central Bank has imposed a sanction of AED 6,833,333.00 (amounting to $1,860,676 approx.) on Bank of Baroda, GCC Operations, Dubai for violating anti-money laundering laws.

ABUSE OF POWER BRIBERY CORPORATE CORRUPTION FCPA Grand Corruption Public Funds South Africa

Multinational Companies Return Money to South Africa after Corruption Probes

December 17, 2020December 26, 2020The Compliance Lady

What is happening in South Africa lately is so interesting. The results of the so-called “State Capture” investigation have produced some striking findings. South African authorities have investigated how several multinationals contracted with State-owned entities via the…Continue readingMultinational Companies Return Money to South Africa after Corruption Probes