Aug
31
Big Bully : Investec
Filed Under Live
How’s this great story from the latest Noseweek!
It’s well know that Noseweek and Investec have had a running battle for a few years - now it seems the banks’ mandarins are running a campaign of harassment amongst their senior execs to see who is responsible for the leaks:
Investec has had scores of its Johannesburg staff polygraphed in an attempt to identify the mole/s who passed confidential information to noseweek exposing the R1.5bn debt – and inability to service it – of its VIP client, property developer Zunaid Moti (nose118).
There has been a flurry of urgent meetings at the bank’s headquarters, with individuals hauled in for vigorous interrogation. The problem is that every banking employee at Investec has their own code to access the bank’s internal Radar system – which contains the information relayed by noseweek – and there’s no facility in place to track who logs in for sensitive information on clients such as Moti.
[I'm coming after you]
By 11 August, amidst great secrecy, 38 employees had been persuaded to “voluntarily” take lie-detector tests at Warren Goldblatt’s private eye firm SSG Forensic Consultants, whose premises were made available to the sub-contracted polygraph tester.
The internal probe is concentrated on staff in the bank’s recoveries and property finance departments and noseweek hears there’s a “substantial” reward on offer for information leading to the mole’s identification.
Comments
One Response to “Big Bully : Investec”
Leave a Reply
-
Blog Roll
- 2 Oceans Vibe - what the kids are reading!
- Crikey - what they don’t publish in Oz
- Dan Retief - The one rugby journalist you can rely on to talk sense - Dan knows the game!
- Getaway Guru - Great travel site with many hints and tips
- Noseweek - news you’re not supposed to know
- Popyacollar - A leading edge look at fashions and trends
- Provence Villa Rental - the ultimate property rental in France
- Thought Leadership Strategy - Craig Badings - Craig is one of Australia’s leading PR practitioners. His views on Thought Leadership and Strategy are always worth reading
- Wrestling Possums - The doyen of PR, Chris Savage, gives this site his unique brand of incisiveness. A must read if you’re interested in communications.
-
Other Links
Investec and SSG (previously known as AIN) have long been accused of violating human rights and transgressing the boundaries of the law. A case against both is currently being investigated by the HRC and there is talk about an official Judicial Board of Enquiry being set up to investigate numerous complaints against both.
Ex employees of both have come forward and made affidavits how Investec and SSG / AIN illegally tapped staff and clients phones. Whisteblowers have come forward with names of policemen on their pay roll.
Nick Frangos was a victim of their illegal activities. Other alleged victims include the likes of Stuart Chait, Justin Lewis to name a few.
When will they be brought to book?