Top BEE ratings agency Empowerdex, which has been suspended as a verification agency while the government investigates it, has enlisted the services of Gobodo Forensic & Investigative Accounting to probe allegations of corruption against an employee. If the probe shows wrongdoing, the agency will pursue criminal charges against those responsible, says Empowerdex co-founder Vuyo Jack. Department of trade & industry spokesperson Sidwell Medupe said the South African National Accreditation System (Sanas), which reports to the department, had suspended Empowerdex on April 5. He said a technical assessment had found that the agency had failed to produce accurate and reliable broad-based BEE (BBBEE) certificates. Former Bosasa COO Angelo Agrizzi was reported testifying to the Zondo commission of inquiry into state capture last month that Bosasa had paid an Empowerdex employee R40,000 to ensure the company and its subsidiaries got favourable ratings.However, Medupe said Sanas's action agai...

BL Premium

This article is reserved for our subscribers.

A subscription helps you enjoy the best of our business content every day along with benefits such as exclusive Financial Times articles, Morningstar financial data, and digital access to the Sunday Times and Times Select.

Already subscribed? Simply sign in below.



Questions or problems? Email helpdesk@businesslive.co.za or call 0860 52 52 00.