CompCom Charges Wesbank And Toyota Financial Services For Corruption

A Competition Commission (CompCom) investigation has implicated JSE-listed FirstRand Bank Limited, through its WesBank division, and Toyota Financial Services South Africa Limited (TFS) in a vehicle finance collusion scheme, and recommends that the Competition Tribunal fine the companies 10% of their total turnover. To discuss this investigation, we’re joined by Makgale Mohlala, Manager: Cartels Division, Competition Commission of South Africa. <a href="https://www.kaya959.co.za/">Kaya 959 Website</a>