At the International Fraud Awareness Week Seminar in Durban on Wednesday‚ SizweNtsalubaGobodo MD Peter Goss threw down the gauntlet to businesses, saying they know how fraud and corruption started as they were the ones who sat in boardrooms making big decisions.The seminar was hosted by eThekwini Municipality and organised by the Association of Certified Fraud Examiners (ACFE)."We are leaders as business but not doers … business is noisy by being absent on corruption. They contribute nothing to fight fraud and corruption. I challenge a change in mindset of management and that starts with the business owner‚" Goss said.He also decried fraud and corruption‚ saying it had a "colour" in the private sector, using the example of the construction and bread cartels‚ which got away with slaps on the wrist for their wrongdoing."Here I’m talking about a certain race group. There it is disguised as collusion‚ and not corruption. I can go on and on‚" he said.Fielding questions later Goss said he...

Subscribe now to unlock this article.

Support BusinessLIVE’s award-winning journalism for R129 per month (digital access only).

There’s never been a more important time to support independent journalism in SA. Our subscription packages now offer an ad-free experience for readers.

Cancel anytime.

Would you like to comment on this article?
Sign up (it's quick and free) or sign in now.

Speech Bubbles

Please read our Comment Policy before commenting.