SAICA's Nomvalo: We need authorities and the good guys to help us

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Freeman Nomvalo
Freeman Nomvalo

The amended regulation of the Zondo commission of inquiry into state capture, which will allow law enforcement agencies to access information, and the National Prosecuting Authority to employ some of the commission's staff, has given rise to the possibility that implicated parties may be put behind bars.

But elsewhere in the myriad of commissions and disciplinary hearings where people accused of wrongdoing are investigated around the country, the wheels of justice are turning more slowly. Almost three years after the latest series of accounting scandals in SA first erupted, most accountants and auditors being investigated for their involvement are yet to be charged, or are facing drawnout disciplinary hearings.

Only a few of these processes have yielded consequential outcomes, like the former KPMG auditor of Linkway who was struck off the roll by the regulator, and the arrest of former VBS auditor Sipho Malaba in June.

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