Webinar: Failure to prevent corrupt activities offence” in section 34A of the Prevention and Combating of Corrupt Activities Act.
May 6 @ 10:00 - 12:00
ENS Africa and the ICFP cordially invite you to join us for an enlightening webinar on the critical topic of:
“Failure to prevent corrupt activities offence” as outlined in section 34A of the Prevention and Combating of Corrupt Activities Act”.
A significant recommendation of the State Capture Commission, the introduction of a failure to prevent corruption offences, has been introduced in South Africa with effect from 3 April 2024. The Judicial Matters Amendment Bill (the “Bill”) was passed by the National Council of Provinces on 6 December 2023 and President Cyril Ramaphosa assented to the Bill on 3 April 2024 (as per Government Gazette No. 50430). The Bill includes an amendment to South Africa’s primary anti-corruption legislation, the Prevention and Combating of Corrupt Activities Act, 2004 (“PRECCA”) in the form of a new clause 34A to PRECCA, creating a failure to prevent corrupt activities offence.
What role do forensic practitioners and auditors play in terms of PRECCA sections 34 and 34A?
Presenters:
Adv Steven Powell
Head of ENS’ Forensics
Steven Powell is Head of ENS’ Forensics practice. He is a renowned specialist white-collar crime prosecutor and forensics lawyer. Steven specialises in leading financial crime investigations that result in successful disciplinary and criminal proceedings as well as the recovery of losses from offenders in both civil and criminal matters.
Steven has been appointed to act for the South African Asset Forfeiture Unit to execute a multitude of restraint and forfeiture orders to recover the proceeds of crime flowing from corporate fraud, drug and abalone smuggling. He has performed investigations in, amongst others, the financial, oil and gas, mining, insurance and retail sectors in multiple jurisdictions in Africa.
Steven’s experience also includes anti-fraud and corruption matters and assisting clients to meet the anti-corruption compliance requirements in the US Foreign Corrupt Practices Act, the UK Bribery Act, as well as the South African Prevention and Combating of Corrupt Activities Act. Steven also assists clients with anti-fraud and anti-bribery risk assessments, training, due diligence and compliance programmes. Steven has been commended for his contribution to the work of the judicial enquiry into State Capture led by Judge Raymond Zondo in South Africa.
Steven was recognised as the Financial Crime Investigator of the year for 2022 by the International Association of Financial Crime Investigators (IAFCI) at their annual award ceremony in Washington DC.
Steven is also frequently invited to present on white-collar crime, fraud and corruption issues throughout Africa and lectures on these topics at the local universities.
Mr Adrian Roux
Senior Associate at ENS in the Forensics practice
Adrian Roux is a Senior Associate at ENS in the Forensics practice.
Adrian has experience conducting complex investigations into, amongst others, instances of corruption, workplace misconduct and other integrity related issues. He also regularly provides anti-bribery and corruption advisory support to clients and has extensive experience conducting due diligence investigations into entities and individuals.
Adrian is a Certified Fraud Examiner registered with the Association of Certified Fraud Examiners.
Delegates will earn 2 CPD hours