Johannesburg - The Helen Suzman Foundation says new regulations must be applied to the legal, accounting, management and consulting sectors in order to avoid capturing of the state in future.
The foundation said these four sectors played a prominent role in the capturing of the state and sadly some of the role players have not been properly punished for their dirty role.
In four papers dealing with state capture released late last week, the foundation’s legal researcher, Cherese Thakur, said the blemishes left by the conduct of lawyers in the context of state capture will be difficult to remove, and will likely endure in the public consciousness for some time.
She advised that the law profession should uphold the Constitution at all times as per their oath of office.
“It is imperative that firms have a whistle-blowing policy in place. The Protected Disclosures Act creates an obligation on employers to create internal procedures for receiving and dealing with disclosures and to take reasonable steps to make these known to their employees. These procedures give a voice to professionals within firms to raise concerns about impropriety - even if committed by others within the firm - while still enjoying protection under the law,” she said.