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Portrait of Zaakir Mohamed

Zaakir Mohamed

Partner
Head of Corporate Investigations & Forensics

CMS RM Partners
85 Grayston Drive
5th Floor
Sandton
2196
Johannesburg
South Africa
Languages English

Zaakir Mohamed is a Director and Head of Corporate Investigations and Forensics at CMS South Africa.

He is instructed to assist clients with highly sensitive and confidential matters. He has extensive experience in corporate crime and forensic investigations, Anti-bribery and Corruption compliance, cyber-crime, corporate crime prevention and detection, money laundering, regulatory compliance as well as working with law enforcement authorities and providing watching briefs in criminal matters.

Zaakir has assisted clients in both the public and private sectors across numerous industries. These include Financial Services, Telecommunications, Aviation, Sport, Mining, Real Estate and Fast-Moving Consumer Goods (FMCG).

Zaakir has been recognised by Chamber’s & Partners, Corporate Investigations, South Africa, 2020 as an “Up and Coming Lawyer”.

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Clients have praised him for his "knowledge of the law and calm approach" during his investigatory work.

Chambers | Corporate Investigations, South Africa, 2020

Another client stated: "He is very dedicated and extremely competent. He understands the field very well and is able to provide focused guidance."

Chambers | Corporate Investigations, South Africa, 2020

Relevant experience

Investigations 

  • A government parastatal - conducted a comprehensive investigation into allegations of corruption involving one of its senior procurement officials. These allegations were also being investigated by the Judicial Commission of Inquiry into Allegations of State Capture 
  • A large South African retailer - involved in the investigation into procurement fraud and provided advice on the applicable Company Law and Anti-Corruption legislation
  • A large listed company and its subsidiaries – conducted an investigation into whether the company group was conducting the business of a bank in contravention of the Banks Act No 94 of 1990
  • A company operating in the prepaid metering industry - conducted a large investigation into certain allegations of corruption made against the Chief Executive Officer 
  • A mining company - conducted an investigation into the conduct of an employee relating to the procurement of suppliers
  • A large government parastatal - conducted a large investigation into numerous allegations made against the Chief Executive Officer. These allegations related to, among others, corruption, mismanagement and incapacity
  • A large government parastatal - conducted an investigation into the leak of certain highly sensitive and confidential information
  • A large South African distributor - conducted an investigation into commission fraud perpetrated by two consultants of the client
  • An entity involved in the Aviation industry - conducted an investigation into mismanagement and dishonesty perpetrated by the executive management team of the entity
  • A mining company - conducted an investigation into the conduct of the client's Chief Financial Officer in the mining industry to determine whether he was involved in any fraud, collusion and/or illegal activity of any kind in the negotiation and conclusion of several agreements that he had entered into on client's behalf
  • A mining company - conducted an investigation into the conduct of a senior procurement officer of the client
  • Conducted a detailed, highly sensitive and confidential investigation of potential collusion between employees of a client and an entity subject to regulatory oversight by the client
  • Conducted a detailed investigation on the veracity of numerous allegations made against the employees employed in a particular department of a client. A substantial amount of the allegations were made against one particular employee of the client. These allegations were received anonymously through the client's whistle-blowing hotline
  • An entity in the financial services industry - conducted a detailed factual review of a restructuring decision made within one of the key business units of a client in the financial services industry. 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
  • An entity in the engineering industry - conducted a detailed investigation into numerous allegations of fraud and corruption made by the former Chief Executive Officer of the entity
  • An entity in the telecommunications industry - conducted a comprehensive investigation into alleged irregularities in the procurement of service providers by employees of the client

Compliance & Regulatory 

  • An international solar construction company – in relation to the Anti-Corruption due diligence investigation for looking to invest in South African solar project
  • An international media company - in relation to an Anti-Corruption due diligence investigation for looking to buy-out South African media company
  • A large mining company - assisted with internal anti-corruption compliance monitoring
  • A client in the renewable energy sector - reviewed an Anti-corruption policy to ensure 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
  • A client in the telecommunications industry - reviewed the Fraud and Corruption policy, prevention plan and response plan of the client
  • A client in the sports industry - reviewed the Fraud and Corruption policy of the client
  • A client in the financial services industry - provided a detailed opinion to the client on compliance of one of its new products with the Financial Intelligence Centre Act No 38 of 2001 (as amended)
  • A client in the financial services industry - provided with advice on identity theft and recommendations on steps that victims of identity theft may take
  • A client in the financial services industry - conducted a detailed anti-corruption due diligence exercise for disposing 100% of its equity interests in one of its subsidiaries to a buyer in a foreign jurisdiction
  • A client in the financial services industry - conducted a detailed anti-corruption due diligence exercise on potential buyers for the client wishing to dispose a portion of its equity interests in one of its subsidiaries
  • A non-profit organisation - provided a detailed opinion to the client relating to an incident of cyber-crime involving the misappropriation of close to ZAR1 million in funds
  • 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
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Memberships & Roles

  • Member of the Legal Practice Council 
  • Member of the Institute of Commercial Forensic Practitioners (ICFP)
  • Associate Member of the Association of Certified Fraud Examiners (ACFE) International 
  • Associate Member of the South African Chapter of the ACFE
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Lectures list

Zaakir regularly presents at various seminars and conferences as well as customized training workshops for clients on, amongst others:

  • Anti-bribery and Corruption legislation, 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
  • Anti-bribery and Corruption compliance
  • What an organisation should do if a commercial crime has been discovered 
  • Forensic due diligences
  • Procurement fraud
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Education

  • 2019 – FP (SA), Institute of Commercial Forensic Practitioners.
  • 2009 – Certificate in Advanced Corporate and Securities Law, University of South Africa. 
  • 2007 – LL.B., University of South Africa. 
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7 October 2019
CMS ex­pands in Africa
Frank­furt, 7 Oc­to­ber 2019. CMS an­nounces that RM Part­ners and Daly & In­am­dar Ad­voc­ates, based in South Africa and Kenya re­spect­ively, have today joined the lead­ing glob­al law firm. Go­ing for­ward, they...
June 2018
CMS Guide to Anti-Bribery and Cor­rup­tion Laws 2018
We are de­lighted to present the fifth edi­tion of the CMS Guide to Anti-Bribery and Cor­rup­tion Laws.This edi­tion of the Guide cov­ers more coun­tries than ever be­fore, as­sess­ing the laws in 42 coun­tries...
July 2020
Glob­al Pub­lic Pro­cure­ment Bro­chure – 2020
With over 150 pub­lic pro­cure­ment spe­cial­ists world­wide, the CMS Pub­lic Pro­cure­ment Group of­fers you out­stand­ing reach and ca­pa­city. CMS provides pub­lic tender sup­port in 36 jur­is­dic­tions. Our spe­cial­ists...

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When you pro­tect whis­tleblowers, you pro­tect your busi­ness
Re­cent news stor­ies high­lighted the role whis­tleblowers played in curb­ing in­ter­na­tion­al fin­an­cial crimes, bring­ing to light al­leged fin­an­cial mis­man­age­ment and  State cap­ture, and the ef­fects of not...
20 April 2021
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Few busi­nesses in Africa ap­pear to be tak­ing ad­vant­age of the fact that, for ar­bit­ra­tions that in­volve Afric­an parties, there is no longer a good reas­on not to con­sider run­ning those cases from ar­bit­ra­tion...
19 April 2021
Four ways to pre­vent fraud in your busi­ness
As we in South Africa are only too aware, the cost of fraud can be over­whelm­ing. Zaakir Mo­hamed, a dir­ect­or and head of cor­por­ate in­vest­ig­a­tions and forensics at com­mer­cial law firm CMS RM Part­ners...
19 April 2021
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19 April 2021
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South Africa is now ac­cel­er­at­ing to­wards the end of the year; it's a time when many em­ploy­ees will be temp­ted to go on­line or in­to a store to take ad­vant­age of deals around Black Fri­day, Cy­ber Monday...
19 April 2021
Busi­nesses must pri­or­it­ise pre­vent­ing fraud and cor­rup­tion in their own...
De­vel­op­ing eco­nom­ies are los­ing US$1.26 tril­lion per an­num to cor­rup­tion, bribery, theft and tax eva­sion. This equates to the total value of the eco­nom­ies of South Africa, Switzer­land and Bel­gi­um com­bined...
19 April 2021
2020 has shown that com­pan­ies must fight cor­rup­tion from with­in
Pre­vent­ing fraud and cor­rup­tion, and mit­ig­at­ing risk, should be an in­side job, these ex­perts told us.Zaakir Mo­hamed, dir­ect­or and head of cor­por­ate in­vest­ig­a­tions and forensics at CMS South Africa says...
05 March 2021
Data pro­tec­tion and cy­ber­se­cur­ity laws in South Africa
Data pro­tec­tion 1. Loc­al data pro­tec­tion laws and scope The Pro­tec­tion of Per­son­al In­form­a­tion Act 4 of 2013 (“POPI”). It is a com­pre­hens­ive piece of data pro­tec­tion le­gis­la­tion that is com­par­able...
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December 2020
In­ter­na­tion­al Dis­putes Di­gest - Winter Edi­tion 2020
Wel­come to the winter edi­tion of the CMS In­ter­na­tion­al Dis­putes Di­gest, the bi­an­nu­al pub­lic­a­tion of CMS’ Dis­pute Res­ol­u­tion prac­tice fea­tur­ing ana­lys­is and com­ment­ary on the ma­jor trends shap­ing the...
17 November 2020
CMS Dis­putes Talk
In these un­cer­tain times, glob­al busi­nesses in al­most every sec­tor are fa­cing chal­lenges brought about by an un­pre­ced­en­ted op­er­a­tion­al cli­mate. Ac­tions and de­cisions taken dur­ing and im­me­di­ately after...
17 November 2020
Ef­fect­ively deal­ing with cy­ber­crime
In the World Eco­nom­ic For­um’s (WEF’s) Glob­al Risk Re­port 2020, data fraud or theft and cy­ber-at­tacks re­main in the top 10 risk cat­egor­ies for like­li­hood and im­pact.  Cy­ber­crime may no longer be...
17 February 2021
CMS Dis­putes Talk
In these un­cer­tain times, glob­al busi­nesses in al­most every sec­tor are fa­cing chal­lenges brought about by an un­pre­ced­en­ted op­er­a­tion­al cli­mate. Ac­tions and de­cisions taken dur­ing and im­me­di­ately after...