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Don’t steal from a partner!
ICAEW provisional member Saurabh Choudhary has been issued a severe reprimand and fined £1,200 after he was sacked by his firm for stealing Japanese prints and a Chinese vase from a partner’s office.
The firm sacked him for gross misconduct after he admitted that in “a moment of madness” he had taken the items. He even revealed the pictures were on his wall at home!
The ICAEW’s tribunal concluded that Choudhary’s conduct brought discredit on himself, the institute and the accountancy profession.
The tribunal also said that while these were very serious matters, Choudhary had shown real remorse and had persuaded them that he would not behave in this way in the future. In these circumstances it accepted that a severe reprimand was warranted, but any further transgression will likely lead to him being declared unfit to become a member.
In another disciplinary case, ACA PQ Namit Kad was ordered to pay £5,000 costs for altering two internal review forms to enhance the assessments given to him by appraisers.
Kad had already lost his job, as his firm had terminated his employment.
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