The CEO of the South African Institute of Chartered Accountants (Saica), Terence Nombembe, has called on the Ntsebeza inquiry to leave no stone unturned as it investigates the alleged misconduct of its members who worked for professional services firm KPMG. Saica members are being investigated for alleged involvement in the Gupta accounts and the compilation of the report into the South African Revenue Service’s (SARS’s) so-called "rogue unit". Nombembe said the events surrounding the work done by KPMG for the controversial family resulted in a decline in trust, both by the markets and individuals, in the chartered accountancy profession. Nombembe was speaking at the opening of the public hearings of the inquiry, which was set up to investigate Saica members employed by KPMG, whose conduct may have contravened the code of professional conduct. "We urge panel to leave no stone unturned," he said. According to Nombembe, at the conclusion of the inquiry, Saica will take disciplinary ac...

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