Could your business practices fall foul of the Prevention and Combating of Corrupt Activities Act, 12 of 2004? To some extent, it is difficult for them not to.
Corruption is everywhere - and so, it seems, is its prosecution! The recent decision of the Supreme Court of Appeal on Shabir Shaik's appeal indicates that corruption is increasingly coming under the spotlight. Enter the new Act, which replaces the largely ineffective 1992 Corruption Act. Apart from an extremely widely defined general offence of corruption (which might even go so far as to include a free meal), the Act contains a number of more specific offences which may have severe implications for many everyday business practices - including the procurement and withdrawal of tenders. Those guilty of the offence relating to tenders may also find both their own and the corporate entity's name blacklisted. And don't think you can hide your head in the sand, as those persons in positions of authority now have a duty to report even suspicions of certain corrupt transactions and a failure to do so may similarly render them guilty.
You are invited to a workshop aimed at discussing the new Act.
Questions and requests
If you would like us to address any specific questions relating to the topic, please e-mail your questions or suggested topics to the address provided below.
Date: Wednesday, 31 January 2007
Time: Coffee and refreshments 07h30 - 08h00
Presentation: 08h00 - 10h00
Venue: Bell Dewar Hall, 37 West Street, Houghton, Johannesburg, South Africa
Please contact Lucinda Scholtz at 011 710 6081 or lucinda.scholtz@belldewar.co.za if you are interested in attending the workshop. |