Deloitte warned me against speaking up, former African Bank executive testifies

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Deloitte did not take him seriously when he raised concerns about the former African Bank’s under-provision for bad debt, a former bank executive said at a disciplinary hearing of the Independent Regulatory Board for Auditors (Irba).

Instead, the auditing company told Gustav Raubenheimer that speaking out would ruin his relationship with the then CEO Leon Kirkinis, the bank’s former executive head of credit said...

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