COMMENT | An enduring question arising from those corporate mafia allegations is whether the Securities Commission (SC) should be looking at it, even if much of the allegations involve coercion and intimidation, which do not fall under its ambit.

Is it actually powerless? Or is there something that it can do, especially since such allegations affect market confidence and integrity, which falls well within the SC’s purview and which it is given much power under the law to regulate?

Surely there is something that the SC can do in cooperation with the police, and the MACC even, against which allegations have been made, to nail this problem and investigate it at two or three levels.

According to a report...