Accountants respond to Julius Malema’s ‘capture’ allegations
The South African Institute of Chartered Accountants (Saica) has distanced itself from any form of state capture. Its chairperson and acting CEO, Fanisa Lamola, said late on Thursday that she wanted to make it clear to South Africans that "Saica and its entities have never been party to any form of state capture or been consciously involved with those accused of any such dealings". Lamola’s statement followed a demand by the EFF that Saica CEO and former auditor-general Terence Nombembe be recused as leader of the investigations team, as the EFF believed he had a conflict of interest. EFF leader Julius Malema said on Thursday that the EFF would write to Deputy Chief Justice Ray Zondo and ask him to recuse Nombembe. The EFF’s gripe with Nombembe arose out of Saica’s acceptance of a donation from the Gupta-linked Trillian Capital. Saica has repaid the donation to Trillian, which was made in March 2017 as a contribution to its bursary fund for disadvantaged students. Malema said in a m...
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