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Six forensic firms will need at least five years to unravel the depths of financial mismanagement, neglect, corruption and "rottenness" - as employment and labour minister Thulas Nxesi puts it – at the heart of the Compensation Fund.
Top Zim auditors face probe
BY EVERSON MUSHAVA
The Institute of Chartered Accountants of Zimbabwe (ICAZ) has given in to pressure to investigate owners of audit firm BDO Zimbabwe over allegations of unprofessionalism.
The investigation will include an independent review of the controversial National Social Security Authority (NSSA) audit report that was rubbished by the High Court and a top South African forensic investigation firm, Nexus Forensic Services.
Ngoni Kudenga and Gilbert Gwatiringa own BDO Zimbabwe. Their role in the NSSA audit came under scrutiny after former NSSA board chairman Robin Vela successfully challenged the report that implicated him in a multi-million dollar fraud while still boss at the pension authority.