IRBA CEO JENITHA JOHN RESIGNS AFTER PRESSURE FROM OUTA
Accountability is essential in the fight against corruption, but it can only happen if people in positions of power are above suspicion. OUTA therefore welcomes the resignation of Ms Jenitha John, the CEO of the Independent Board of Auditors (IRBA), earlier this month. This followed continuous pressure from OUTA since May 2020 when we first asked Minister of Finance, Tito Mboweni, to review her appointment.
There are growing concerns around financial reporting irregularities in South Africa, and IRBA plays an important role to play in addressing this. John was on the Tongaat Hulett board and the chairperson of the company’s audit and compliance committee – and thus responsible for oversight - during the time of their well-publicised financial reporting irregularities. OUTA believes it was inappropriate for her to head up the body that should in fact investigate a matter in which she was directly implicated.
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