Web19. jan 2024 · South Africa's SPAR Group SPP said on Thursday it agreed with its auditors that a reportable irregularity concerning an alleged fictitious and fraudulent loan had occurred at the grocery retailer. Web20. jan 2024 · Spar has conceded that ‘fictitious’ and ‘fraudulent’ loans flagged by its auditors and a team of lawyers, were reportable irregularities, saying they should have never happened. “Over the past month, Spar and the external auditors have conducted investigations into the matter.
Spar admits that it offered retailers fictitious loans five …
Web28. nov 2024 · 2024/11/28 07:22:00 ‘Fictitious’ loan puts Spar CEO under the spotlight Source Business Day Brett Botten signed off on the sale of a Midrand store twice in three weeks — first for R1,000 and then for R8m Katharine Child JSE-listed Spar sold a Midrand … Web19. jan 2024 · South African grocery chain Spar has conceded that ‘fictitious’ and ‘fraudulent’ loans flagged by its auditors and a team of lawyers, were reportable irregularities, saying they should have never happened.JOHANNESBURG - Retailer Spar says CEO Brett Botten … drop bear adventures
Spar chair steps down as retailer denies
Web19. jan 2024 · JOHANNESBURG - Three fraudulent loans reported by retailer Spar are believed to be "isolated" incidents, a statement released on Thursday by the company stated.South African grocery chain Spar has conceded that ‘fictitious’ and ‘fraudulent’ loans flagged by its auditors and a team of lawyers, were reportable irregularities, saying they ... Web28. nov 2024 · The report said the R8m loan “appears to be improper in that it is a fiction” and was used by the Spar division, headed by Botten, to remove the debt from its books. WebSpar definition, a stout pole such as those used for masts, etc.; a mast, yard, boom, gaff, or the like. See more. drop base air filter c4 corvette