Leading South African Insurance Provider – Independent Forensic Investigation
Kahamelo was appointed to act as an independent forensic investigator in relation to an ICB claim submitted by a client of a leading South African Insurance Provider. Kahamelo conducted a comprehensive forensic investigation to evaluate whether rental income received should be classified as active or passive income.
MyBucks (Luxembourg, Frankfurt Stock Exchange listed)
Kahamelo (mandated by the Chairman of the Board of Directors) carried out a forensic investigation into MyBucks and VSS (a subsidiary of MyBucks). Kahamelo’s forensic investigation focused on MyBucks and VSS’s operations, compliance, and governance, as well as whether any breach of fiduciary duties occurred.
Botswana Government Forensic Audit
Alvarez & Marsal (A&M), a Dubai-based firm, conducted a major national forensic audit in Botswana, commissioned by the Government to investigate corruption, fraud, and financial mismanagement in ministries, state-owned enterprises (SOEs), and government departments, covering the past ten (10) years. The investigative phase (Phase 2) of the audit focused on thirty (30) flagged entities, with public tip-offs invited via a dedicated platform. A&M appointed Avental as a key partner for the project, which, in turn, subcontracted Kahamelo to form part of the investigative team. In addition to the forensic audits, Kahamelo also produced recommendation reports for special investigations against identified high-profile companies and individuals.