Former SAA director fined R6.1m

JOHANNESBURG - Yakhe Kwinana, a former member of the SAA board, was fined R6.1-million after a disciplinary hearing.  

She's also been disqualified as a member of the SA Institute of Chartered Accountants.

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Saica found Kwinana guilty of 13 of the 14 charges brought against her.

Saica's Freeman Nomvalo said, "one of the charges is withdrawn, of all the charges, [she was] found guilty of violating the code of conduct in various ways..."

"She can appeal that decision in the higher authority, probably the courts and that is well within her right."