Internal Investigation into JSE-listed Construction Companies’ Finances
In consultation with Crowe Forensics, Kahamelo assisted a JSE-listed Construction Company with an internal investigation to ascertain if the cause of the financial difficulties during a project was due to mismanagement, a breakdown in internal controls, the existence of fraud, or any other illicit activities.
Leading Second-tier Southern African Bank
In consultation with Crowe Forensics (mandated by Werksmans), Kahamelo assisted in designing and performing internal irregularities procedures related to alleged corrupt contract activities in a neighbouring country.
Niche South African Banking & Investment Services Provider
In consultation with Crowe Forensics, Kahamelo assisted with a forensic accounting investigation into an investment company of a niche South African Banking and Investment Services Provider. Kahamelo performed procedures on the acquired stock, conducted a margin analysis, and reviewed bank statement activity.
Expert Witness for NYSE-listed, S&P 500 Company
In consultation with Crowe Forensics and Werksmans Attorneys, Kahamelo assisted with a forensic investigation to uncover potential irregularities in historical customer billing, as well as other sinister activities at the company. Johan testified during the arbitration proceedings as an expert witness for Advocate Michael Fitzgerald SC.
Swiss-headquartered Multinational Mining and Commodities Group
Kahamelo (mandated by the board of directors) conducted numerous forensic investigations into whether an anonymous internal disclosure (whistleblower disclosure) relating to alleged misconduct at a Swiss-headquartered Multinational Mining and Commodities Group represents mismanagement, poor corporate governance, or points to the existence of fraud or other illicit activities. Johan testified as an expert witness in the relevant disciplinary hearings that arose from the investigations.
Expert Witness in State vs Goodman Court Matter
Mandated by Mendelson Attorneys Inc., Kahamelo provided defence litigation assistance, which included analysis of the charge sheet, complainants’ affidavits, annual financial statements, management statements, compilation of defence memorandums, as well as independent expert reports used in cross-examinations. Johan testified in the High Court as an Expert Witness for Advocate Estelle Kilian SC.
Directorate of Priority Crime Investigation Matters
On behalf of Nexia SAB&T, Kahamelo assisted the Directorate of Priority Crime Investigations with forensic accounting investigations into alleged fraud, theft, racketeering, and money laundering. Kahamelo’s investigations served to support the Directorate of Priority Crime Investigations’ processes.
Independent Forensic Investigation – LSE-listed Construction Company
In consultation with FRP Advisory Trading Limited, Kahamelo assisted with an independent forensic investigation into whether all related party relationships and transactions have been identified, approved by the Board of Directors, and appropriately recognised and disclosed in the Group Annual Financial Statements. Kahamelo considered the use of investment property assets, property, plant and equipment, and inventories, as well as the approval and disclosure of material external guarantees.
Independent Forensic Investigation – LSE-listed Shipping Company
In consultation with FRP Advisory Trading Limited, Kahamelo assisted with an independent forensic investigation into the legality of approximately 180 co-broker arrangements entered into by a LSE-listed Shipping Company’s Global Sales & Purchase Brokerage Desk.
Medical Centre Fraud Matter
Kahamelo was mandated to ascertain whether the irregularities identified represent mismanagement, poor corporate governance, or point to the existence of fraud or other illicit activities of certain directors and individuals. Kahamelo also assisted with the compilation of charge sheets used in disciplinary proceedings against implicated parties, the preparation of claim calculations used in summonses seeking recovery of amounts misappropriated, and an audit guidance document to facilitate the audit process with reference to corrective journals. Kahamelo is currently providing the Directorate for Priority Crime Investigation (the Hawks) with litigation assistance for this matter.