select
|

EAAB - why was Chaplog appointed?

The acting chief executive officer of the Estate Agency Affairs Board (EAAB), Bryan Chaplog, was appointed as the EAAB’s chief financial officer even though he had several judgements against him by various financial institutions.

The judgements are related to property in the Western Cape and Pretoria.

It’s understood that Chaplog was appointed by sacked former EAAB CEO Nomonde Mapetla.

Asked to comment on the judgements and the fact that Chaplog held a senior position in the organisation, requiring input from him of a financial nature, EAAB spokesperson Margie Campbell said his credit and/or financial records were disclosed at the time of his appointment.

Campbell said: “The financial controls within the EAAB are as such that there are adequate segregation of duties regarding decisions and payments which is all done through our exco, and all within compliance of the EAAB policies and procedures and certainly not centred around only one individual.”

She further stated that Chaplog had been vetted and recommended by a reputable head hunting employment agency that had done the necessary credit checks with Chaplog’s consent. “All of that was taken into account before he was appointed,” Campbell added.

She said Chaplog had complied with legislation in terms of the recruitment process by disclosing the information in question before his appointment to the EAAB.

The EAAB board removed Chaplog and the company secretary Nkululeko Ndebele in July. Both have since been reinstated.

Chaplog did not respond to a request to comment.

After a slew of EAAB board member resignations, Human Settlements Minister Tokyo Sexwale on July 31 2012 placed the EAAB under administration and dissolved the board of directors. He also tasked the special investigating unit with probing allegations of fraud and corruption.

Sexwale had strong words for the agency, saying management, in particular, would come under scrutiny during a clean-up of the organisation.

Managing Director of Ethics Monitoring and Management Services Cynthia Schoeman, says given the regularity of ethical scandals and the high cost that flow from them, it is no longer enough to appoint people for their skills only but also for their integrity and values.

Schoeman says it is imperative that employers do reference checks on prospective employees. She adds that the higher an individual is placed within an organisation, the greater the opportunity for misconduct. They are often trusted by virtue of their seniority.

Another factor is that more senior employees are generally more knowledgeable about systems in place and how they can be manipulated.

Schoeman says anyone in a position of trust with access to an organisation’s finances must be checked for any misdemeanours on their record. Should there be a mark against an individual’s name, a plausible explanation should be forthcoming. It could be the misdemeanour was due to a unique set of circumstances and is not necessarily a reflection of the person in the workplace.

She says if inappropriate behaviour is repeated alarm bells should be ringing, especially in cases where employees are required to handle finances.

(Moneyweb)


  Comment on this Article

  Please login to post comments

Post to my facebook wall
  
2000
Characters remaining


    Latest Property News
    • 19 Feb 2018
      Possibly one of the biggest sources of contention between landlords and tenants surrounds the rental deposit. “Most tenants rely on getting their rental deposits back when moving, so that they can use it to pay a deposit on their new home. Having it withheld or even having large amounts deducted can lead to a lot of distress,” explains Bruce Swain, CEO of Leapfrog Property Group.
    • 19 Feb 2018
      Situated approximately halfway between Johannesburg and Pretoria, Midrand was established in 1981 and forms part of the City of Johannesburg Metropolitan Municipality. It has become one of the major business hubs in the country with major pharmaceutical, textile, telecommunication and motoring giants situated within its boundaries.
    • 19 Feb 2018
      The PayProp Rental Index Annual Review of 2017 shows that the rental market suffered from much volatility during the year. It kicked off with rental growth spiking in January with weighted year-on-year growth (YoY) growth peaking at 8.3% before dropping to 6.34% in July, dipping down to less than 5% in November and then experiencing a slight uptick at 5.75% in December.
    • 19 Feb 2018
      While most homes in cluster complexes, estates and other gated communities come with at least one garage or carport, residents would often like additional permanent parking or storage areas for things like trailers, bikes, boats and caravans.
    • 16 Feb 2018
      Whether you own a property in a sectional title complex or are looking to invest in one, the financial standing of the body corporate is the single most important thing that can affect your investment or your buying decision.
    • 15 Feb 2018
      One positive consequence of the financial crash in 2008 was the rise in consumerism, especially in the property market, where buyers have steadily become more knowledgeable and more value conscious.
    • 15 Feb 2018
      While most homeowners will take the agent’s commission into consideration when they are trying to determine what the will get out from the sale of their property, many often forget to factor in the other costs involved in a home sale, says Adrian Goslett, Regional Director and CEO of RE/MAX of Southern Africa.
    • 14 Feb 2018
      The forecast for the national rental market in 2018 remains a mixed bag of good news and bad news. Although rentals are expected to rise slowly as the challenges of home affordability and tighter lending criteria tighten their grip, it’s a double-edged sword as the market also will come under increasing pressure from factors like declining disposable income levels.
        
    X
    Subscribe to the MyProperty Newsletter

    Name  
    Last Name  
    Email Address  
    Email Frequency
    select
    X
    Share this Page

       
    For Sale Property
    Rental Property
    More Options
    About
    Connect with us
    FEEDBACK