John was chair of the audit and compliance committee at Tongaat Hulett when when financial reporting of irregularities took place
The Organisation Undoing Tax Abuse says it has written to finance minister Tito Mboweni to have the appointment of Jenitha John as Independent Regulatory Board for Auditors CEO, halted.
John, Tongaat’s former independent nonexecutive director and chair of its audit and compliance committee stepped down in May 2019, following a slew of key resignations including that of then CEO Peter Staude, who took early retirement. “We also believe there is a glaring question of a conflict of interest in John’s appointment at Irba, as we believe Irba should be investigating the auditors of Tongaat Hulett for the financial reporting irregularities, a matter in which she is directly implicated,” Outa said.
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