South African Investor Errol Gregor Targeted in Alleged Bribery Investigation in Ghana
Errol Gregor, a South African investor, has come under investigation for alleged bribery linked to MOGS during his efforts to control a lucrative oil platform in Ghana. These allegations, reported by The Sentry, involve significant payments made to a middleman for bribing officials. The Hawks are probing these claims, while Gregor is also involved in a pipeline project between Mozambique and Zimbabwe, raising concerns about transparency and accountability in international business dealings.
A South African investor, Errol Gregor, has been implicated in a bribery scandal linked to a controversial oil platform in Ghana while being involved in a R16 million pipeline project between Beira, Mozambique, and Harare, Zimbabwe. Reports from the investigative organization, The Sentry, allege that between 2016 and 2019, Gregor, who was then an executive at Mining Oil and Gas Services (MOGS), facilitated substantial payments to a middleman, Edwin Obiri. These payments, amounting to R324 million, were reportedly funneled to politicians who aided MOGS in acquiring control of a significant offshore oil site near Accra, Ghana. The Hawks, South Africa’s elite crime-fighting unit, is currently investigating these allegations, which raise concerns about international accountability in infrastructure deals. Gregor has since left MOGS to establish Coven Energy and is reportedly pursuing new projects while the corruption investigations unfold.
The article addresses the allegations against Errol Gregor, a South African investor linked to significant financial misconduct in Ghana, where he is accused of facilitating bribes in order to secure control over an oil platform. The reports stem from a broader investigation by The Sentry, an American organization dedicated to combating corruption, that highlights the potential ramifications of these actions on international financial integrity. The Hawks in South Africa are conducting a thorough investigation into the alleged corrupt activities, given the significant sums involved and their implications for both South African and international businesses. The context of these allegations is further complicated by Gregor’s current involvement in a pipeline project that connects Mozambique and Zimbabwe, raising questions about due diligence among investors in regions with a history of corruption.
The investigation into Errol Gregor and the associated bribery allegations presents a pressing issue for international businesses engaging in infrastructure deals, particularly in regions like Ghana that are challenged by corruption. The involvement of large financial institutions and the necessity for enhanced scrutiny underscore the urgent need for rigorous oversight. As the Hawks continue their investigation, it is imperative for stakeholders in Zimbabwe and Mozambique to exercise due diligence regarding partnerships with individuals previously linked to corruption.
Original Source: www.news24.com
