Zondo, corruption and the board

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These revelations are an indication that our governance systems are broken and will need urgent fixes. Every day we hear new information about how the corruption has happened in South Africa.

Revelations at the Zondo commission are alarming, especially by leaders who were involved in bribery claims.

These revelations are an indication that our governance systems are broken and will need urgent fixes. Every day we hear new information about how the corruption has happened in South Africa.

This corruption revelation is an indictment that there is more that needs to be done by our government, political parties, and society in dealing with this current predicament.

Recently, revelations at the commission have resulted in several prominent cases resulted in arresting some of the high-profile people. I thought this corruption was only happening in the public sector, but the recent EOH revelations confirm that the private sector also had a role to play.

It is time not to deny or accept what had happened, but rather a wakeup calls for all of us to look at immediate solutions to stop this crime.

Therefore, the above forces me to ask this question, what had happened to those company bosses that supported this current fraud or crime?

Is it not correct that the players in these boards continue to serve on these companies’ boards without any legal recourse? So far, only one director had suffered much for her action that negatively affected the company’s performance in which she was a board member.

We need to ensure that all board members are taken to task for the company’s performance and not only the executive management.

I am suggesting the above because the people involved in those board committees do not face any consequences. Instead, they go to the next board.

It is critically important that we adopt a zero-tolerance to corruption, and anyone implicated and charged for such crime will need to be forced to vacate their office, up until they can clear their name.

The action required will need to take irrespective of the involved person’s seniority in government, business or society. We can’t be wearing kid gloves when we see that corruption destroys everything the country has worked hard to achieve.

The answer is no; we cannot allow ourselves consumed by corruption. It is essential, therefore, that we need to improve our governance systems. The first casualties that I observed now are the whistle-blowers are not given enough protection, making people uncomfortable when they had to report such matters.

Also, there is a greater need to ensure that there is protection for whistle-blowers. Protection will, therefore, ensure that all the suspected fraudulent transactions are reported.

By Nyaniso Qwesha