SA businessman rolls out fresh anti-corruption initiative

A South African businessman is mobilising a coalition of global experts to bring their expertise and knowledge to help counter the rampant corruption in the country.   


Roger Latchman, Chairman of the Latchman Foundation, says the corruption ravaging the country has spurred civil society organisations and individuals to reach out to like-minded people in the country and abroad to help root out corrupt practices while adding their voice in demanding action from authorities.


Renowned international anti-corruption and integrity expert, Drago Kos, has been enlisted to share his expertise with South Africans. 


Kros is also chairman of the OECD Working Group on Bribery in International Business Transactions.



SA's corruption pandemic


Latchman says while corruption in the public sector tends to grab media headlines, the problem is far more widespread, touching all sectors of society.


"At all levels of society, corruption threatens to distort social and economic interactions, reducing efficiency and increasing inequality by favouring the well-positioned. As a result, the cost of doing business increases, public resources are wasted, and the poor are pushed aside."


Latchman added that corruption is not a victimless crime, as recent reports indicate that some of the PPE tenders could have "placed our health workers in danger." 

Restoring citizens' confidence


He pointed to remarks by OECD Secretary-General Angel Gurría, who said corruption has led to a "loss of trust and confidence in the economic system as a whole." 


"A coherent, co-ordinated and effective commitment to fight corruption and promote integrity is now crucial to restore citizens' confidence and pave the way for stronger, cleaner and fairer growth."


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