Chief financial officers have been complicit in virtually all of the major corruption scandals that engulfed SA in the last decade – now it’s time to prosecute them and send the guilty to jail, said Sasha Monyamane, professor of governance and ethics at University of SA (Unisa), speaking at the CFO Talks Anti-Corruption debate in Sandton on Wednesday.
The question before the delegates was: what role did CFOs play in SA’s corruption scandals and what needs to be done to stop it?
“The King Report (on corporate governance) gives us guidance, and the Institute of Directors trains people on the expected role of board members. Every organisation proclaiming themselves as having good governance should send their people for training,” said Monyamane. Read more on Accounting Weekly.