Zaakir Mohamed

Zaakir Mohamed

Director

Zaakir Mohamed is a Director in the Corporate Investigations Sector of our Dispute Resolution practice. Zaakir has extensive experience in white collar crime and forensic investigations, cybercrime, fraud prevention and detection, corporate governance, money laundering, regulatory compliance as well as working with law enforcement authorities and providing watching briefs in criminal matters.

Zaakir has also presented on a wide array of topics relating to anti-bribery and corruption, commercial crime, cybercrime as well as fraud prevention and detection.

 

 

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Zaakir joined Cliffe Dekker Hofmeyr as a Director in 2017. Prior to that, he was a director in the corporate investigations and forensics practice at another law firm. During the course of his career, Zaakir has conducted a multitude of high profile and highly sensitive corporate and forensic investigations in both the public and private sectors. He has significant corporate investigations experience working in a broad range of industries including mining, financial services, telecommunications, real estate, aviation, sport as well as fast-moving consumer goods (FMCG).

  • Conducted Anti-bribery and Corruption (ABAC) due diligence investigations on individuals and entities for clients. These include:
    • an international solar construction company looking to invest in a South African solar project
    • an international media company looking to buy-out a South African media company
    • a large listed financial services company disposing of 100% of its equity interests in one of its subsidiaries in a foreign jurisdiction
  • Investigation on behalf of the South African Reserve Bank (SARB) into whether large listed company and its subsidiaries were conducting the business of a bank in contravention of the Banks Act No 94 of 1990
  • Conducted numerous investigations for several clients in the mining industry. These investigations related to, amongst others, incidents of fraud, misappropriation of funds, collusion and corruption
  • Conducted several investigations for clients in the aviation industry. These investigations included:
    • mismanagement and dishonesty perpetrated by the executive management team of a low-cost airline
    • determining the veracity of allegations made by a whistleblower against a senior employee of a client
    • establishing the veracity of allegations of corruption involving a senior procurement official of a client
  • Drafted new and/or reviewed existing Anti-bribery and Corruption policies for clients in, amongst others, the telecommunications industry, renewable energy sector, sport and financial services sectors. In several instances, these included ensuring compliance with South Africa's Prevention and Combating of Corrupt Activities Act No 12 of 2004, the United States of America's Foreign Corrupt Practices Act, 1977 and the United Kingdom's Bribery Act, 2010
  • Advised financial services client on compliance of one of its new products with the Financial Intelligence Act No 38 of 2001 (as amended)
  • Advised on and assisted numerous clients with cybercrime matters. These included:
    • advising a large financial services client on identity theft and recommendations on steps that victims of identity theft may take
    • advising a non-profit organisation on an incident of cybercrime involving the misappropriation of close to R1 million in funds
    • assisting a financial services client with litigation arising out of a data breach incident
    • advising clients on email scams and loss of funds
  • Conducted investigations for numerous public sector clients. These investigations included:
    • an investigation into the leak of certain highly sensitive and confidential information of a large government parastatal
    • an investigation into allegations of corruption, mismanagement and incapacity made against the Chief Executive Officer of a large government parastatal
  • Conducted a detailed factual review of a restructuring decision made within one of the key business units of a leading South African financial institution. The review was prompted as a result of numerous allegations received that there may have been certain irregularities in the implementation of the restructuring decision
  • Conducted investigations into theft, fraud and corruption for clients in the FMCG sector, engineering industry, telecommunications industry and prepaid metering industry
  • Assisted numerous clients with registering criminal cases as well as fulfilling their reporting obligations in terms of section 34 of the Prevention and Combating of Corrupt Activities Act No 12 of 2004. Performed watching briefs on several of these matters

Presentations

Zaakir regularly presents at various seminars and conferences. He also runs customized training workshops for clients on, amongst others, Anti-bribery and Corruption legislation and compliance (including the Prevention and Combating of Corrupt Activities Act No 12 of 2004, the United States of America's Foreign Corrupt Practices Act,1977 and the United Kingdom's Bribery Act,2010), cybercrime, fraud detection and prevention, forensic due diligences and other topical issues relating to white collar crime.

Publications

Zaakir regularly publishes articles relevant to the corporate investigations and forensics sector. These include:

  • The obligation to report suspicious transactions in terms of Section 29 of the Financial Intelligence Centre Act No 38 of 2001
  • The Station Wagon the Heroin and the Preservation of Property Order: Section 38 of the Prevention of Organised Crime Act No 12 of 1998, 13 June 2018
  • Internal fraud and corruption can cripple your business: Limit you risk, play it safe! 14 February 2018
  • It's always the ones you know: the key to understanding and mitigating procurement fraud risks, 27 September 2017
  • What does the Protected Disclosures Amendment Act mean for whistleblowers and employers alike, 16 August 2017

All articles:https://www.cliffedekkerhofmeyr.com/en/news/index.html?contact=/en/people/zaakir-mohamed.html#tab-publications

Print Media

Media

  • Featured on Carte Blanche segment dealing with cybercrime (21 July 2018)
  • Unpacking the Prevention and Combating of Corrupt Activities Act No 12 of 2004 – Newzroom Afrika (19 May 2019)
  • eDiscovery – Are you seeing the whole picture (7 December 2018)
  • Ways in which companies can protect themselves from fraud and corruption - eNCA's Moneyline (20 April 2018)

All videos:https://www.cliffedekkerhofmeyr.com/en/news/index.html?contact=/en/people/zaakir-mohamed.html#tab-videos

Education

  • LLB, University of South Africa
  • Certificate in Advanced Corporate and Securities Law, University of SouthAfrica
  • FP(SA), Institute of Commercial Forensic Practitioners(ICFP)

Memberships

  • Associate Member of the Association of Certified Fraud Examiners (ACFE) International
  • Associate Member of the South African Chapter of the ACFE
  • Member of the ICFP
The Prevention and Combating of Corrupt Activities Act
1 July 2019 Dispute Resolution

The Prevention and Combating of Corrupt Activities Act

Director in the Corporate Investigations Sector of our Dispute Resolution Practice, Zaakir Mohamed recently joined Newzroom Afrika to unpack the Prevention and Combating of Corrupt Activities Act.

eDiscovery – are you seeing the whole picture
7 December 2018 Dispute Resolution

eDiscovery – are you seeing the whole picture

Zaakir Mohamed, Director in the Corporate Investigations Sector of our Dispute Resolution practice, participated in an expert panel discussion titled "eDiscovery – are you seeing the whole picture"

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