Companies who have experienced an incident of corruption reported that they have incurred material financial damage as well as harm to their reputation and value of their brand.

18%

Fraud attributed to Suppliers

15%

Fraud attributed to Partners

13%

Fraud attributed to Consultants

14%

Fraud attributed to Employees

42%

of companies did not conduct an investigation after Fraud had occurred

72%

of incidents were not disclosed to the auditors

66%

of incidents were not disclosed to regulators or SAPS

59%

of incidents were not disclosed to the board of directors


*PwC GECS survey March 2020 report