Nipan Malde admitted to siphoning off the cash from his South African employers’ bank account, reported the Times. He was dismissed from Investec in November last year after the fraud became apparent.
Malde now faces up to eight years in jail after admitting to 10 counts of obtaining money by deception. ‘No client funds were involved and Investec has recouped the majority of the misappropriated funds,’ a spokesman said.
Crowe Clark Whitehill , the top 20 accountancy firm, has announced the promotion of Chris Mould to partner
The latest opinions from Accountancy Age on Making Tax Digital, and outline plans to evolve the UK's corporate governance regime
Five million taxpayers are ow using digital personal tax accounts (PTA) as part of the making tax digital strategy, HMRC said
UK-based non-doms have paid ten times more tax than the average taxpayer, raising concerns over the Brexit impact on non-dom contributions and therefore, the economy