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SA: Statement by the Council for the Advancement of the South African Constitution, on the resignation of Vusi Pikoli from SizweNtsalubaGobodo (25/05/2012)
The Council for the Advancement of the South African Constitution (CASAC) expresses its deep concern
that Adv Vusi Pikoli, a member of its Advisory Council, was coerced into resigning from his position at
auditing firm SizweNtsalubaGobodo, following pressure from ‘unnamed people in the ANC’, following
reports in the Mail & Guardian today.
This demonstrates an abuse of executive and political authority as well as compromising the integrity,
independence and objectivity of an auditing firm. Such behavior would point to a transgression of the
Rules Regarding Improper Conduct and Code of Professional Conduct for Registered Auditors as set out
by the Independent Regulatory Board for Auditors (IRBA). Auditors have a responsibility to act in the
public interest and not just in the interest of their clients. This is particularly in the case where the client
is a state-owned entity such as Transnet.
CASAC calls on the IRBA to investigate whether undue influence was placed on SizweNtsalubaGobodo to
terminate the employment of Adv Pikoli.
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