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Spar Group says fraudulent loans were isolated incidents

Retail analyst Syd Vianello shares insights into the 'Spar Group scandal' on The Money Show. '

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JUST IN | Spar s auditors report dodgy loan to regulator

Retailer Spar says its auditors have reported a loan the company entered into to the Independent Regulatory Board of Auditors (IRBA), which oversees the country's auditing profession.

Pedro manuel pereiraHarris nupen molebatsiGraham oconnorPhumla mngangaShirley anne zinnBrett bottenNovus holdingsIndependent regulatory boardGrahamo connorBrett botten

Spar loans worth R11m flagged to regulatory board

The retailer said adequate steps were being taken to prevent any losses incurred as a result of the loans.

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Fictitious and fraudulent loans a reportable irregularity – Spar

Retailer flags two other similar transactions, says combined value of the three loans in question was to the tune of R11m.

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Spar shuffles board in bid to address governance issues

Beleaguered retailer Spar undertook to enlighten shareholders vis-à-vis allegations regarding a fictitious fraudulent loan and discrimination.

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