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Author Topic: Uchumi's Ciano fleeced taxpayers and nse investor  (Read 1133 times)

Offline RV Pundit

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Uchumi's Ciano fleeced taxpayers and nse investor
« on: June 24, 2015, 02:21:08 PM »
What is role of auditors..esp the big 5 (PWCs?)
http://www.businessdailyafrica.com/How-Uchumi-used-property-valuation-to-inflate-profits/-/539552/2763060/-/hm63cv/-/index.html

Offline Omollo

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Re: Uchumi's Ciano fleeced taxpayers and nse investor
« Reply #1 on: June 24, 2015, 02:46:10 PM »
Quote from: RV Pundit on June 24, 2015, 02:21:08 PM
What is role of auditors..esp the big 5 (PWCs?)
http://www.businessdailyafrica.com/How-Uchumi-used-property-valuation-to-inflate-profits/-/539552/2763060/-/hm63cv/-/index.html
Isn't this criminal? It is becoming an epidemic. It accounts for my total lack of appetite for anything linked with NSE.
... [the ICC case] will be tried in Europe, where due procedure and expertise prevail.; ... Second-guessing Ocampo and fantasizing ..has obviously become a national pastime.- NattyDread

Offline Georgesoros

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Re: Uchumi's Ciano fleeced taxpayers and nse investor
« Reply #2 on: June 24, 2015, 03:00:08 PM »
NSE does not audit their accounts to ensure compliance?
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