
Bonitas commits to co-operating with CMS investigation
After concluding its section 43 inquiry into Bonitas, the CMS has determined that the allegations merit a further forensic investigation.

After concluding its section 43 inquiry into Bonitas, the CMS has determined that the allegations merit a further forensic investigation.

The judgment highlights the impact of Steinhoff’s collapse on retirement funds and the public’s right to understand the nation’s biggest corporate scandal.

Shahied Daniels has accused the accountancy organisation’s board of irregularities and says he intends to challenge his dismissal.

SAIPA’s board has terminated CEO Shahied Daniels after findings of serious misconduct, including unauthorised international dealings and financial irregularities.

ENSafrica identified some incidents involving mistakes or unintended errors, but these were ‘random and minuscule’.

The apparent internal strife has not impacted the organisation’s membership or credibility, says board chairperson Prem Govender.

A group of SAIPA members is calling for the matter to be discussed at a special general meeting.