Actuary criticised in corruption appeal

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SOUTH AFRICA - A senior executive of Alexander Forbes, the service provider which recently escaped corruption charges, has been criticised for advice given to two South African municipal pension funds whilst working as an actuary for NBC Employee Benefits.

Alexander Forbes' Geoff Nzau and Neo Mokoena, ex-marketing director at NBC, were criticised for their conduct during a private arbitration appeal hearing, but neither testified. As a result of t...

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