Former executives of Delta Property Fund, the latest JSE-listed company to be mired in scandal, have denied being involved in or knowing of any wrongdoing at the company when it was reported this week that a forensic report by accounting firm Mazars had uncovered a R40m fraud.

Former CEO and founder Sandile Nomvete, former CFO Shaneel Maharaj, and former COO Otis Tshabalala said in a statement on Friday that they had “noted with concern” several JSE News Service (Sens) announcements, which imply that they oversaw irregularities...

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