SIU findings expose widening municipal governance failures
Investigations across four provinces reveal recurring irregularities, with recovery and prosecution still lagging far behind the findings.
#financialmisconduct
IRBA bans VBS audit partner, hits him with R10.8m penalties
IRBA imposes a lifetime ban, maximum fines and full cost recovery after finding the VBS audit was riddled with missed red flags and undisclosed conflicts.
Do fines deliver justice for victims of financial misconduct?
The FSCA’s success in collecting penalties remains uneven because of several structural and legal challenges.
SIU investigation into Ithala tender unrelated to liquidation bid
Meanwhile, MPs have questioned the SARB’s push to liquidate Ithala, arguing it conflicts with Parliament’s resolution to support the bank’s growth.
