Financial Crime World

Investigating Corporate Malfeasance in Africa: Resources and Case Studies

Introduction

Corporate malfeasance is a significant issue in Africa, with many companies and individuals involved in financial crimes that have far-reaching consequences for the continent’s economies and societies. Investigative journalists play a crucial role in uncovering these crimes, but they often face challenges in accessing information due to secrecy and lack of transparency. This article provides an overview of resources and case studies related to investigating corporate malfeasance in Africa.

Online Databases and Public Records

Using online databases and public records is essential for investigative journalists to uncover information about companies, individuals, and politicians involved in financial crimes. The following resources are highly recommended:

  • Data.CENOZO: a database created by CENOZO that provides information on companies incorporated in Mauritius.
  • ICIJ’s Offshore Leaks Database: a comprehensive database of companies created in secretive tax havens.
  • OCCRP’s Catalogue of Research Databases: a wide-ranging collection of public data sources.
  • Aleph: a global archive of research material for investigative reporting.
  • United Nations Comtrade Database: a database providing detailed global trade statistics.

Case Studies

The following case studies demonstrate the importance of using online databases and public records to uncover information about corporate malfeasance in Africa:

The Taking of South Sudan

  • In 2019, The Sentry published an investigation titled “The Taking of South Sudan,” which revealed how foreign actors helped South Sudanese politicians and military leaders siphon money from the country.
  • The investigation used public records and online databases to uncover a complex web of corruption that had devastating consequences for the people of South Sudan.

GuptaLeaks

  • In 2017, a series of investigations known as GuptaLeaks exposed how the Gupta brothers had “captured” political decision-making in South Africa.
  • The investigations relied heavily on public records and online databases to uncover evidence of widespread corruption and cronyism.

Opacity in Cameroon’s Mining Sector

  • In 2020, an investigation revealed that the wife of Cameroon’s former mining minister received shares in a mining company while her husband was in office.
  • The investigation used public records and online databases to uncover evidence of corruption and nepotism in Cameroon’s mining sector.

Collaboration and Context

Investigative journalists often work alone, but collaboration among reporters from different newsrooms within one country can lead to more comprehensive and impactful investigations. The GuptaLeaks investigation is a prime example of this approach.

By connecting dots and providing extra research and context, investigative journalists can make information already publicly available more significant and meaningful. This requires a deep understanding of the subject matter and a willingness to dig deeper into public records and online databases.

Conclusion

Investigating corporate malfeasance in Africa is a complex task that requires a combination of resources, collaboration, and research. By using online databases and public records, investigative journalists can uncover information about companies, individuals, and politicians involved in financial crimes. The case studies presented in this article demonstrate the importance of this approach and highlight the need for continued collaboration and innovation in the field of investigative journalism.