Cape Town - The South African Institute of Chartered Accountants (SAICA) rejected allegations made by EFF leader Julius Malema relating to a student funding donation."We have noted, with great concern, the accusations levelled at the Institute due to misinformation about a student funding donation that one of SAICA’s entities, the Thuthuka Bursary Fund (TBF) received from Trillian Capital (Pty) Ltd," chairperson and acting SAICA CEO Fanisa Lamola said in a statement on Friday.
Malema on Thursday took issue with Terence Nombembe being named as the head of investigations in the state capture commission.He demanded that Nombembe recuse himself because during his tenure last year as the CEO of SAICA, the organisation accepted a donation from Trillian, which is implicated in the Gupta scandal.
"By the time SAICA received the donation it was common cause and public knowledge that Trillian Capital was used as a corruption vehicle by the Guptas' criminal syndicate and had received more than R500m from Eskom," said Malema.
It seems that wherever you go in South Africa Guptas are involved, but I personally think that by the time that SAICA was receiving these donations from Tirllian Capital they had no knowledge about the how fraudulent that company was. So they should not be accused of such.
source: News24
SAICA should however not be blamed for the actions of this company. It is clear that SAICA had no knowledge about the misconduct of this company as it stands for honesty and integrity.. SAICA officials have ethics and they act accordingly.
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