SAICA charges former Eskom CFO Anoj Singh with misconduct

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The South African Institute of Chartered Accountants (SAICA) announced on 19 June 2018, that it has charged disgraced former Eskom Chief Financial Officer, Anoj Singh, with misconduct following extensive period of investigation.

Signh resigned from Eskom in January 2018 after being placed on suspension by the power utility in September 2017 following allegations that he was involved in irregularly awarding contracts to Gupta-linked businesses, and also received gifts and trips from the controversial family.

SAICA said in a statement that Singh had conducted himself in a manner which was “discreditable, dishonourable, dishonest, irregular or unworthy, or which is derogatory to the Institute, or tends to bring the profession of accountancy into disrepute”.

The chartered accountants institute also said Singh had failed to comply with relevant laws and regulations and to avoid any conduct that he knew or should have known may discredit the accountancy profession.

African News Agency (ANA)

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Bontle Moeng is the Founder and Managing Director of BizNis Africa. Moeng has spent 15 years working in the digital and online media industry across Africa. She applied her trade at True Love magazine prior to discovering her passion for Investment news in key sectors across Africa. Moeng previously worked for ITWeb, Starfish Mobile Technologies, ITNewsAfrica, AVATAR Agency, eNitiate, Global Interface Consulting and Havas Johannesburg. Her primary focus is to provide solid and valuable content on investment opportunities for the ICT, Energy and Mining sectors across Africa. In addition, the online news publication assists global companies to expand their presence in Africa. Email: news@biznisafrica.co.za

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