For the first time in two years, the Independent Regulatory Board for Auditors , the watchdog that investigates auditing failures in corporate SA, has a full board of directors comprising 10 individuals.
The new board members are Martie Janse van Rensburg, Iqbal Motala, Madoda Petros, Nombulelo Gumata, Thembeka Semane, Roy Andersen, Preston Speckmann, Jesmane Boggenpoels, Shauket Fakie, and Prof. Nirupa Padia. The trio are Van Rensburg , Motala , and Petros . They were part of the previous board’s last major decision to appoint Jenitha John on 28 April as the new Irba CEO, replacing Bernard Agulhas, who headed the watchdog since 2008.
The DA wrote to Mboweni this week, asking him to instruct the new Irba board to launch an investigation into John’s appointment. Arguably, the investigation would be awkward because it would probe the decision made by the previous board to appoint John. More awkward is that the investigation would turn on the conduct of the newly appointed Irba board members – Van Rensburg, Motala, and Petros – because they were part of the previous board.
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