LETTER: JSE needs to step up to the plate
The JSE must beef up its regulation, especially in terms of insider trading and fraud
Your editorial on Tongaat (Editor’s Note, October 10-16 (https://www.businesslive.co.za/fm/opinion/editors-note/2019-10-10-rob-rose-tongaat--the-sour-truth/)) refers. With reference to your article Tongaat. The fact that That shareholders fit foot the bill for expensive forensic reports and are not allowed access to it, these is perplexing and unfair.
I furthermore, I would like to highlight that as soon as a director becomes aware of unlawful actions within a company, it is his or her their duty to report it, otherwise he or she is they are complicit in defrauding shareholders. I find it very perplexing that the CEO and/or financial director Financial Director has have also not been reported to the police...
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