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Disciplinary committee chair dismisses application for recusals of two committee members. 00:01
About 18 000 investors invested an estimated R5bn in Sharemax Investmentâs schemes. Image: Moneyweb
The Independent Regulatory Board for Auditors (Irba) disciplinary hearing against the three former auditors to the failed Sharemax Investments property syndication schemes is set to continue.
This follows a decision by Advocate Anthea Platt, chair of the disciplinary hearing, dismissing an application by Advocate Mike Maritz, appearing for the three auditors, for the recusal of Suren Sooklal and Horton Griffiths, two members of the disciplinary hearing committee.
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First published in the Daily Maverick 168 weekly newspaper.
“Our democratic Constitution is the product of years of sacrifice and struggle. Many South Africans endured great pain and hardship, and many lost their lives, so that we could live in a democracy where all may enjoy equal rights. The values, principles and rights contained in the Constitution are neither trivial nor abstract.” – President Cyril Ramaphosa, President’s Newsletter, 22 February 2021.
Somewhere there is a photograph of the ANC’s Cyril Ramaphosa and the National Party’s chief negotiator, Roelf Meyer, taking a break during the constitutional negotiations, seemingly relaxed sans ties.
The picture belies the mammoth task with which they were engaged. It was essentially to make something out of nothing. For the Constitution represents South Africa’s attempt to overcome its past and deal with its present. Theirs was an unusual friendship forged around our transition to democracy and the drafting of a