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The Great Bank Heist – SAICA responds

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SAICA's response to the VBS Mutual Bank report released by Advocate Terry Motau SC on 10 October 2018. The South African Institute of Chartered Accountants (SAICA) takes note of The Great Bank Heist, Advocate Terry Motau SC’s forensic report on the alleged fraud that took place at VBS Mutual Bank.

Ntsebeza Inquiry into conduct of SAICA Members employed by KPMG

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In November 2017, the South African Institute of Chartered Accountants (SAICA) convened what is now known as the “Ntsebeza Inquiry” [also referred to as the Inquiry]. The aim of the Inquiry is that it should investigate, independently, allegations that some of its members who were/are employed by KPMG, had allegedly engaged in conduct in contravention of the SAICA Code of Professional Conduct. 

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