WELCOME TO
We are a team of experienced Chartered and Forensic Accountants at your fingertips
About the Company
JOHAN FERREIRA CA (SA) | MBA | CERT.FIN.OFFICER (SA)
Johan is the Managing Director of Kahamelo Forensic Services and is a qualified Chartered Accountant (SA), Certified Financial Officer (SA) and holds a Master of Business Administration (MBA) degree from Regent Business School in Johannesburg.
Johan has been involved in litigation support, transaction support, and forensic accounting investigations both locally and internationally. Matters and clients include Old Mutual (CGIC), Discovery Life, Bidvest Bank, Sasfin Bank, CEPPWAWU, CIG Limited, NYSE listed, S&P 500 Company, DBT Technologies, Blue Label Telecoms (CEC), Liviero Mining (liquidation), Africircle (liquidation), Probuild Construction (liquidation), Bragan Chemicals, Edwin Construction, Ecsponent Limited, MyBucks SA (Luxembourg and listed on the Frankfurt Börse), Novomatic Africa, Copenship Bulkers A/S (in liquidation) (Denmark) and various high profile divorce matters in South Africa.
Johan has testified as an expert witness in numerous South African cases, commissions of enquiry proceedings, arbitration proceedings and High Court Matters.
Kahamelo Forensics was established in 2017 as an independent private company that operates without audit or regulatory conflict. Kahamelo Forensics consists of an experienced team of Chartered and Forensic Accountants that specialise in exposing financial fraud within the public and private sectors, by offering an extensive financial forensic service. Kahamelo Forensics prides itself on providing clients with a committed approach in excellence and accuracy when it comes to the initial factual-finding investigation through to the legal process.
The unfaltering cooperation with industry experts, our proven technical abilities, and the multidisciplinary approach against all fraud-related occurrences distinguish us in the market. We have a professional interest in the successful outcome of all projects; therefore, we continuously strive to deliver time-effective results and build a creditable reputation on the foundation of alliances with all stakeholders. To date, we have had a successful track record in several cases, due to our meticulous understanding of financial fraud. With our unique forensic investigative techniques and experienced team, we are highly capable of assisting with a range of services.
Our Forensic Team
Johan Ferreira
Managing Director
CA(SA), Cert.Fin.Officer (SA), MBA
Johan is a qualified CA(SA), Cert.Fin.Officer (SA) and holds a Master Business Administration (MBA) degree from Regent Business School in Johannesburg. Johan has proven experience in International and JSE listed organisations with over 15 years’ experience. As Expert witness, Johan has testified in numerous South African cases, commissions of enquiry proceedings, arbitration proceedings and High Court matters.
Johan has been involved in litigation support, transaction support, and forensic accounting investigations both locally and internationally. Matters and clients include Old Mutual (CGIC), Discovery Life, Bidvest Bank, Sasfin Bank, CEPPWAWU, CIG Limited, Iron Mountain International Holdings (NYSE listed, S&P 500 Company), DBT Technologies, Blue Label Telecoms (CEC), Liviero Mining (liquidation), Africircle (liquidation), Probuild Construction (liquidation), Bragan Chemicals, Edwin Construction, Ecsponent Limited, MyBucks SA (Luxembourg and listed on the Frankfurt Börse), Novomatic Africa, Copenship Bulkers A/S (in liquidation) (Denmark) and various high profile divorce matters in South Africa.
Professional qualifications:
- Bachelor of Commerce in Accounting – UFS (2003)
- Honours Bachelor of Commerce in Accounting – UFS (2004)
- Honours Bachelor in Accounting Science – UNISA (2005)
- Chartered Accountant (South Africa)
- Member of the South African Institute of Chartered Accountants (SAICA), since 2008
- Certified Financial Planner (CFP) – UFS (2011)
- Master of Business Administration – Regent Business School (2014)
- Member of the Association of Certified Fraud Examiners (ACFE), since 2018
Steyn Laubscher
Senior Forensic Manager
CA (SA)
Steyn is a qualified CA (SA) and an experienced financial manager with proficient management experience working in various industries, most recently within the chemical manufacturing industry (JSE listed). Steyn completed his articles at EY Inc, Johannesburg in 2014 and gained valuable financial and auditing experience.
Professional qualifications:
- Bachelor of Commerce Financial accounting – NWU (2009)
- Bachelor of Commerce Honours Financial Accounting – NWU (2010)
- Bachelor of Commerce Honours CTA – NWU (2012)
- Member of the South African Institute of Chartered Accountants (SAICA), since 2015
Elisna Houy
Senior Forensic Accountant
BCom Hon. Fin. Acc.
Elisna is a qualified accountant, and an associate member of The Institute of Commercial Forensic Practitioners (ICFP) and the Association of Certified Fraud Examiners (ACFE) professional bodies. She completed her SAICA training with Logista Chartered Accountants in 2019 where she gained valuable financial, auditing and taxation experience.
Professional qualifications:
- Bachelor of Commerce Financial Accounting – NWU (2015)
- Bachelor of Commerce Honours Financial Accounting – NWU (2016)
- Certificate in Commercial Forensic Information Technology – NWU (2020)
- Certificate in Commercial Forensic Practice and Fraud Risk Management – NWU (2020)
- Associate Member of The Institute of Commercial Forensic Practitioners (ICFP), Since 2021
- Associate member of the Association of Certified Fraud Examiners (ACFE), Since 2021
Júan Goosen
Forensic Accountant
Professional Accountant (SA)
Júan is a qualified Professional Accountant (SA) with significant exposure to most aspects of the accounting profession, including but not limited to audit, accounting, tax and corporate governance. Júan completed his SAIPA training at FC Chartered Accountants (Pty) Ltd in 2019 and has been an employee of Kahamelo Forensic Services (Pty) Ltd since March 2020.
Professional qualifications:
- Bachelor of Commerce (Financial Accounting) – North-West University (2017)
- Professional Accountant (SA), and Member of the South African Institute for Professional Accountants
Alysia Loots
Forensic Accountant
BCom. Acc. Sci.
Alysia is a qualified accountant, eligible to register as an associate member of The Institute of Commercial Forensic Practitioners (ICFP). Alysia completed her SAICA training with Mervitz and Malan Chartered Accountants Inc in 2020, where she gained valuable financial, auditing and taxation experience. Additionally, she obtained her SAIPA articles in 2018 and won the SAIPA Clerk of the Year award in 2016.
Professional qualifications:
- Bachelor of Commerce in Accounting Sciences – UP (2014)
- Post Graduate Diploma: Professional Accounting in Practice – FASSET (2018)
- Certificate in Commercial Forensic Law – NWU (2018)
- Certificate in Commercial Forensic Information Technology – NWU (2018)
- Certificate in Commercial Forensic Practice and Fraud Risk Management – NWU (2020)
- Certificate in Commercial Forensic Investigation – NWU (2020)
Jhelize Vos
Forensic Accountant
BCom For Acc | BCom (Hons)
Jhelize’ is a Forensic Accountant and holds an Honours degree in Forensic Accounting from the North-West University. Jhelize is currently associated with the Institute of Commercial Forensic Practitioners (ICFP) and the Association of Certified Fraud Examiners (ACFE) professional bodies. She is scheduled to write her ACFE exams in September 2021. She has over 2 years combined experience in Forensic Auditing, Forensic Accounting, Internal Auditing and External Auditing.
Professional qualifications:
- Bachelor of Commerce Degree in Forensic Accounting – North West University (2017)
- Bachelor of Commerce Honours in Forensic Accounting – North West University (2018)
- Associate member of the Institute of Commercial Forensic Practitioners (2019)
- Associate member of the Association of Certified Fraud Examiners (2021)
Services
Financial Litigation Support
We assist with complex legal disputes and settlement discussions during a litigation process, through providing resources in obtaining and analysing relevant documentation, creating preliminary assessments, and formulating key questions around financial evidence.
Business valuations
We assist with valuations to indicate the economic value of a specific business. Business valuations can assist with the purchase or sale of a business and provide information to key stakeholders. These evaluations are often conducted in divorce proceedings, business assurance applications, as well as mergers and acquisitions.
Data analytics
We assist in analysing raw data to spot trends, metrics, and other information needed to help increase the overall efficiency of the forensic investigation process.
Expert witness
Johan Ferreira CA(SA) provides relevant and impartial evidence from a financial perspective after investigating the facts available to give factual expert evidence during legal proceedings.
Financial statement fraud investigations
We conduct investigations into fraudulent financial reporting and intentional misstatement or omission of amounts or disclosures from financial reports, intended to deceive financial statement users. The investigation includes irregular revenue recognition, manipulation of expenses, non-recognition of liabilities, and improper cash flow presentation.
Procurement fraud investigations
We investigate services into illicit procurement processes to acquire low-quality goods and inadequate services, including the selection of unjustified contractors.
Transactional support services
We perform detailed business/venture financial investigations (such as due diligence procedures) that are essential for possible investment processes or financial decisions.
Cash flow of funds analysis
We conduct cash flow analysis to highlight possible areas of fraudulent accounting. The analysis assist to detect misappropriation of funds both locally and internationally.
Reckless trading analysis
Section 22(1) of the Companies Act No 71 of 2008, states that a company must not carry-on business recklessly, with gross negligence, intent to defraud any person, or for any fraudulent purpose. We investigate business recklessness and gross negligence to identify any fraud.
Financial due diligence services
We perform financial due diligence by analysing and validating all the financial, commercial, operational, and strategic assumptions to provide peace of mind.
Money laundering investigations
We uncover illegal laundering of money by analysing bank and company financial records to identifying the origin of the illegal income which can be concealed as a legitimate source.
Asset misappropriation
We investigate company asset theft, such as cash theft, and the misuse and theft of company assets for personal gain.
. Fraud detection and investigation
Through investigating different approaches, we detect, obtain, and secure any evidence involving fraud.
Asset registry search
The search can be conducted through the following public databases:
- Companies and Intellectual Property Commission (CIPC);
- Consumer credit records of various credit bureaus (Experian);
- Deeds Registry for properties held;
- Deeds Registry for anti-nuptial contract;
- eNaTIS for vehicles registered;
- Master of the High Court for evidence of registration of any trusts.
Other forensic service providers
- Tax and IFRS expert consultants;
- Intelligence services and
- IT expert services.
Forensic Case History
Ecsponent Limited (JSE listed):
Kahamelo Forensics (mandated by the Board of Directors) performed a detailed forensic investigation into alleged misrepresentation. Johan assisted Adv Anthony Michael during provisional litigation proceedings with an expert forensic report and damage claim calculations.
MyBucks (Based in Luxembourg and listed on the Frankfurt Börse):
Kahamelo Forensics (mandated by the Chairman of Board, Craig Lyons) performed a detailed forensic investigation into underlying FinTech investment of MyBucks.
Copenship Bulkers A/S (in liquidation):
In consultation with Bowman Gilfillan and Adv Michael Fitzgerald (SC), Johan assisted Copenship (Afgri Grain Marketing (Pty) Ltd v Trustees for the time being of Copenship Bulkers A/S (in liquidation), a Danish dry bulk carrier with the financial forensic procedures during litigation proceedings in South Africa.
NYSE listed, S&P 500 Company:
In consultation with Crowe Forensics, Johan assisted with a forensic investigation to uncover irregularities in connection with a historical billing scheme and other sinister activities at the company. Johan testified during the Arbitration proceedings as Expert witness. During 2020 Kahamelo Forensics was mandated by the company to assist with further forensic investigation matters.
Probuild Construction (in liquidation):
Kahamelo Forensics (mandated by D&T Trust Liquidators) performed a forensic assessment due to the financial difficulties and distress the company experienced prior to business rescue leading up to liquidation.
Bragan Chemicals (Rolfes Holdings company)
Kahamelo Forensics assisted management of Bragan Chemicals during an internal cash embezzlement investigation by providing factual evidence reporting, to assist the company with legal proceedings.
Liviero Mining (in liquidation):
Kahamelo Forensics (mandated by D&T Trust Liquidators) performed a forensic accounting investigation in connection with the financial affairs during business rescue proceedings.
World Marine Offshore (Bunkers Suppliers, in liquidation):
Kahamelo Forensics (mandated by D&T Trust Liquidators) performed forensic accounting procedures focused on financial difficulties, and mismanagement, breakdowns in internal controls, poor corporate governance, fraud and other illicit activities
Novomatic Africa (NOVOMATIC Africa, subsidiary of NOVOMATIC Group):
In consultation with Crowe Forensics, Johan assisted with a forensic investigation to uncover financial irregularities and other sinister activities at the company.
Hlahla divorce matter:
In consultation with Crowe Forensics (mandated by Ulrich Roux and Associates) Johan calculated accrual in the estates of Hlahla and Els based on company valuations methodologies accepted by the High Court. Johan further assisted Adv Nigel Riley during the High Court proceedings as Expert.
Africircle (in liquidation):
Kahamelo Forensics (mandated by D&T Trust Liquidators) performed detailed forensic procedures in terms of the Insolvency Act, Section 69 (3), tracking and disposition without value assessment.
AVENG DFC (Copaflo):
In consultation with Crowe Forensics, Johan assisted new management during the business acquisitions of the business unit from AVENG, with working capital procedures as part of its IDC funding and due diligence procedures.
Ngululu Bulk Carriers (in liquidation):
Kahamelo Forensics (mandated by D&T Trust Liquidators performed forensic procedures focused on key areas that led to the demise of the company and the extent and nature of related party transaction activity.
CIG Limited (JSE listed):
In consultation with Crowe Forensics, Johan assisted CIG with an internal investigation to uncover the cause of the financial difficulties, mismanagement, a breakdown in internal controls, existence of fraud and other illicit activities.
Bidvest Bank:
In consultation with Crowe Forensics (mandated by Werksmans, Bernard Hotz), Johan assisted the investigation team with internal irregularities procedures into alleged corrupt contract activities in an African country.
Sasfin Bank:
In consultation with Crowe Forensics, Johan assisted with a forensic accounting investigation into a private equity investment company of Sasfin.
Geldenhuys divorce matter:
Through Ulrich Roux and Associates (URA), Johan assisted with legal proceedings with financial assessments of a company’s global business performance and the impact of Covid-19.
Edwin Construction
Kahamelo Forensics performed an independent accounting confirmation (gross profit) on a tender contract entered between Edwin Construction and SANRAL.
Discovery Life
In consultation with Crowe Forensics, Johan assisted Discovery Life with detailed forensic procedures to verify life and incapacity claims.
Testimonials
Contact us
Location:
Eco Court, 340 Witch-Hazel Ave, Centurion, 0144
Call:
Office: +27 (67) 413 0024
Mobile: +27 (79) 107 3470
Kahamelo Forensic Services (Pty) Ltd
Eco Court, 340 Witch-Hazel Ave, Centurion, 0144, South Africa
Office:+27 (67) 413 0024 | Email: admin@kahamelo.co.za | Reg No: 2017/528683/07