Auditing Professions News Today

The National Director of Public Prosecutions has not yet made a decision on whether or not to charge former high-profile Tongaat Hulett executives with racketeering.



Former high-profile Tongaat Hulett executives, who have been criminally charged in an alleged R3.5 billion fraud scam relating to sales of land owned by Tongaat Hulett, may also face charges of racketeering.



South Africa’s regulator for the auditing profession, the Independent Regulatory Board for Auditors (IRBA), has introduced revised disciplinary rules for registered auditors (the...

Our round-up of successful criminal prosecutions, arrests or ongoing matters in South Africa’s courts based on media releases from the National Prosecuting Authority. We do this to reflect on the rule of law and to make justice visible. Our round-up of successful criminal prosecutions, arrest...

Seven former Tongaat Hulett executives and senior managers appeared at the Durban specialised commercial crimes court on charges of fraud on Thursday.

Peter Staude, Murray Hector Munro, Michael Edward Deighton, Rory Edward Wilkinson, Kamasagrie Singh, Samantha Shukla and Gavin Dykes Kruger appeared in the Durban Specailsed Commercial Crimes Court today on charges of fraud amounting to approximately R3,5 billion. They also face charges of contravention of the Financial Markets Act, Companies Act, and Prevention of Organised Crime