Business

PAAB chair given 48hrs to retract ‘false’ statements

NewsDay Staff ·

PAAB chair given 48hrs to retract ‘false’ statements

MAKUVIRE and Matema Advisory have given the Public Accountants and Auditors Board (PAAB) a two-day deadline to retract its recent statements, which they claim falsely cleared two officials of bribery allegations.

Makuvire and Matema, representing the yet-to-be-registered audit firm Makuvire and Matema Advisory, approached the Zimbabwe Anti-Corruption Commission (Zacc) last month, accusing PAAB secretary Admire Ndurunduru and acting deputy secretary Donald Mangenje of abuse of office and allegedly soliciting for a bribe.

The two PAAB officials are alleged to have demanded US$15 000 from Matema and Makuvire in order to register their audit firm.

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