Wednesday 14 November 2018
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maverick - 29 days ago

REPORTER’S NOTEBOOK: Tito Mboweni comes to Parliament to talk VBS scandal and multiple failures that made it possible

Finance Minister Tito Mboweni said on Tuesday that it was ‘a huge concern’ that South Africa was failed by VBS Mutual Bank external auditors – a clear reference to KPMG, which again finds itself amid scandal – but also the internal auditors, the bank’s board compliance committee and a host of others, who should have spoken up and did not. Mboweni’s comments in Parliament were unusually candid. Now law enforcement agencies should act ‘with speed, no dilly-dallying’, he added, as must political parties, ‘to d

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