JGL Forensic Services - Where Integrity and Business Meet

Getting Away With (Financial) Murder

It’s not the ending anyone wanted.
Nor, to be honest, the one most of us would have predicted.
Markus Jooste, disgraced former CEO of fallen corporate giant Steinhoff, was found dead on Thursday of last week.

Good Guys Don't Finish Last

Good corporate leaders can be significant forces for good in the world.
That might smack a little of bumper sticker wisdom or fortune cookie feel-good, but it’s also, undeniably, a statement of fact.
 
 

Are Corporate Executives Laughing All The Way To The Bank?

In 2023, the average annual salary for CEOs of the Top 10 companies on the JSE was just over R250,000 per month. Plus bonuses.
And they earned it regardless of how well or badly their company performed.
Despite this, many CEOs still want more and are prepared to risk corporate fines and public outrage to get it.
Why?
 
Because there is a good chance that they will get away with it.

Shining A Light Into The Darkness: The Crucial Role of Forensic Investigators in South Africa's Fight Against Corruption

At the heart of South Africa's governmental and corporate structures lies a tangled web of deceit and corruption, a cancer eating away at the nation's progress. As public trust erodes with each revelation of corruption, the need for effective solutions becomes paramount.

Who Bears The Cost Of Corporate Corruption?

WHEN IT COMES TO CORRUPTION, WE ARE NOT ALONE
You’d be hard-pushed to find anything positive to cling onto when it comes the state of both public and private sector corruption in South Africa. But, although I know two negatives will never make a positive, in this case, they might help us feel slightly less alone.
Allow me to explain…

Spin Doctors vs Medical Doctors

800.
As I write, that’s the number of newly qualified South African doctors currently looking for jobs.
In a country like South Africa, where the public health sector is circling the drain, you would think a batch of freshly minted medical professionals would be like catnip to the Department of Health.
Not so.
 

Paradise Plundered

"When plunder becomes a way of life for a group of men in a society, over the course of time they create for themselves a legal system that authorizes it and a moral code that glorifies it."
Frédéric Bastiat's words from over 200 years ago about the normalization of plunder in society still ring true in 2024 South Africa. 

The Steinhoff Scandal. A Mockery of Ethics and Justice

The Steinhoff scandal, a staggering R200 billion corporate collapse, unfolds as a tale of deceit and corporate misconduct that has left investors, pensioners, and the broader public in financial distress. Former CEO Marcus Jooste's abrupt resignation in the wake of accounting irregularities marked the beginning of a catastrophic fallout, with a 98% loss in share value and severe implications for pension funds, notably the Government Employees Pension Fund.

Skint January = Workplace Fraud

After the excesses of the festive season, January is often a financially tight month for many people and this pressure may result in people committing acts of fraud they would not otherwise do. 

Building Trust in the Public Sector: A Call for Accountability

Only 17% of South Africans believe our leaders tell the truth, and often use euphemisms to mask the realities of governance failures and incompetence, corporate exploitation, and individual greed.