Today's Labour News

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saicaBusinessLive reports that former Eskom and Transnet CFO Anoj Singh was a no-show at his SA Institute of Chartered Accountants (Saica) disciplinary hearing that began on Wednesday morning.  

Singh is facing 18 charges for breaching a multitude of the organisation’s by-laws.  The 18 charges of dishonesty and gross negligence relate to his conduct at both parastatals between 2012 and 2015.  He had a relationship with the Gupta family, which linked across his tenure at both companies.  The Guptas are at the centre of state capture allegations.  Saica has already suspended Singh’s membership, but the disciplinary hearing may pave the way to have him completely deregistered as a chartered accountant.  Saica said on Wednesday that when it informed Singh of the charges, he chose only to respond to matters related to Eskom and pleaded not guilty.  Saica referred the matter to the disciplinary committee to force Singh to respond to the charges he faced during his time at Transnet.  Singh and his legal team were not present at Wednesday's hearing, despite being invited to appear.  The disciplinary hearing will continue in his absence until Friday.  

  • Read the full original of the report in the above regard by Londiwe Buthelezi at BusinessLive

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