ROB ROSE: Audit angst over Bosasa

If there are two people who will surely be glued to the unfolding car crash that is the testimony of Angelo Agrizzi, it is Rodney Moore and Louisa Ungerer. Moore and Ungerer are directors of audit firm D’Arcy-Herrman & Co, which was formed by former prisoner-of-war Peter D’Arcy-Herrman in 1959. Today, it operates from three out-of-the-way locations: Tzaneen, Hoedspruit and Krugersdorp. D’Arcy-Herrman also happens to be the registered auditor of a company called African Global Operations — the current incarnation of Bosasa Operations. It is D’Arcy-Herrman that has been signing off Bosasa’s accounts, which it now seems may be fractionally less credible than a North Korean tourism brochure. This was pretty clear as soon as Agrizzi, African Global’s former COO, began testifying at the Zondo commission last week, ratting out his former partners in crime from the witness chair. It has been jaw-dropping stuff. The feisty 51-year-old has testified that R4m-R6m was withdrawn every month from...