All medals and ribbons on that Colonial bar look fine to me, the KO4x seems to have some parts of the swords repaired so both screwed and soldered sword parts are visible.
The elephant badge pinned on Afrika colonial medal ribbon is certainly unusual but makes sense, IMO not necessarily a bad sign, it would be a bold move and require some imagination for an ordinary faker to do so. Same for the KO4X on white ribbon combination.
Another thing I particularly like on this bar is the double rosette ribbon folding, consistent quality and finely made.
Only thing I don't like is the look of the catch, wired type with rough cut, but not necessarily a deal breaker IMO.