Corruption

  1. SA banker in corruption scandal gets 10 year jail sentence

    Phillip Truter
    Image caption: Phillip Truter pleaded guilty to fraud and money laundering

    The former chief financial officer of a South African bank that collapsed after a huge corruption scandal has been jailed for 10 years.

    Phillip Truter pleaded guilty to fraud and money laundering among other charges.

    His former employer, VBS Mutual Bank, collapsed in 2018.

    Dozens of bank executives and politicians were accused of stealing $130m (£100m) in a scam that stretched from impoverished rural villages all the way to the upper echelons of government, according to a central bank report.

    Truter's is the first conviction to follow the scandal.

    Seven others, including the CEO, have pleaded not guilty to all charges.

  2. Report into misuse of Kenya's Covid funds delayed

    Video content

    Video caption: It's alleged that hundreds of millions of US dollars have been misappropriated

    It's alleged that hundreds of millions of US dollars have been misappropriated