Nedbank features negatively in state capture report; Standard Bank defends itself

One of South Africa’s so-called “big four” banks has been seriously implicated in the first state capture report — and, considering evidence that the sector may have played an integral role in enabling graft, more revelations may follow.

Nedbank and Standard Bank are the first to have their names brought into the state capture saga detailed in the Zondo commission’s findings.

Hold the powerful to account for R10 a month*

Subscribers get access to all our best journalism, subscriber-only newsletters, events and a weekly cryptic crossword.

*R30 for your first three months, then R250/quarter.

Keep the powerful accountable

Subscribe for R30/mth for the first three months. Cancel anytime.

Subscribers get access to all our best journalism, subscriber-only newsletters, events and a weekly cryptic crossword.

Sarah Smit
Sarah Smit
Sarah Smit is a general news reporter at the Mail & Guardian. She covers topics relating to labour, corruption and the law.

Related stories

WELCOME TO YOUR M&G

Already a subscriber? Sign in here

Advertising

Latest stories

After the results, what’s next for matriculants?

Late applicants will have a tough time getting into a university of their choice.

New era of health science for Africa as NantSA launches...

The first locally manufactured Covid-19 vaccine from the new facility, which is based in Cape Town, is expected within the next year

SAA to revive Durban route

The beleaguered national carrier resumed flights between Johannesburg and Cape Town last September after exiting business rescue

‘Partygate’: A timeline of Boris Johnson’s latest scandal

The UK Prime Minister defended some of the events — quickly dubbed "partygate" since they were reported in newspapers from late last year —  as work gatherings.
Advertising

press releases

Loading latest Press Releases…
×