Cansa defrauded of 'significant funds' over five years, employee sacked

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The Cancer Association of South Africa (CANSA) has opened a criminal case and strengthened its internal financial controls after uncovering extensive fraud by an employee, who has now been dismissed.

A former employee of the Cancer Association of SA has been dismissed after a fraud probe.The Cancer Association of South Africa has opened a criminal case and strengthened its internal financial controls after uncovering extensive fraud by an employee, who has now been dismissed.After a red flag was raised during an internal audit, the board commissioned an independent forensic investigation, it said in a statement.

"Further investigations then revealed that the fraud was committed over a period of five years, resulting in a substantial loss.""As soon as we became aware of this, we immediately started an investigation, that uncovered this dishonest and unscrupulous act." Cansa said it is pursuing all legal avenues to recover the stolen funds and minimise the losses incurred.

The audit by the external auditors, of the financial statements for the year ended March 31 2019, has been extended to take into account the outcomes of this investigation.

 

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