BizNews BizNews Radio

Mike Lomas corruption scandal no surprise, says Paul O'Sullivan.

Loading player...
Michael Lomas, a former Eskom contractor, was arrested in connection with a R745m fraud relating to the Eskom Kusile power plant. Corruption buster Paul O'Sullivan joined the BizNews Power Hour to share his thoughts on the arrest. Currently, South African prosecutors are seeking Lomas' extradition. A UK court will soon decide whether whether has a case to answer in SA, reports Bloomberg. Learn more about your ad choices. Visit megaphone.fm/adchoices
29 Apr 2021 5AM English South Africa Investing · Business News

Other recent episodes

Jasmine Opperman: Hamas-SA: 14 Bitcoin wallets

In this week’s NdB Sunday Show, intelligence analyst Jasmine Opperman of Fulcrum Analytics, reveals to Chris Steyn that there are 14 active cryptocurrency wallets linked to Hamas in South Africa. “We know that Hamas has offices in South Africa. We know that they allowed freedom to move…And that there are…
13 Sep 7AM 18 min

SA's Competition Commission has become a handbrake on the economy: Rob Rose

Bryan Brownrigg was never a currency trader. He sold foreign exchange to Standard Bank's institutional clients for 23 years. But when the Competition Commission decided that 28 banks had run a single conspiracy to rig the rand, his name went into the complaint anyway, and it took a decade and…
11 Sep 7AM 20 min

He built a $1.5bn bank. Now Revolut, Discovery Bank and PEP are circling

In this interview with Irakli Rekhviashvili, Tyme Group co-founder Coenraad Jonker gives his take on what actually protects a digital bank once the competition catches up, and why he thinks the old rules of banking no longer apply. On competitive advantage, he says: "I'm saying to my guys increasingly, I…
11 Sep 7AM 50 min
All episodes