Hahn & Hahn

Forensic Auditing

Although our service offering is titled forensic auditing the fact of the matter is that a forensic investigation by its very nature does not constitute an audit and therefore the correct terminology is in fact a forensic investigation or then the practice of forensic accounting.

During the period of 2006 to 2010 Jaco Hamman worked for PricewaterhouseCoopers as a manager in the forensic division. His responsibilities consisted of South African Reserve Bank inspections, the investigation of fraud and corruption at public entities and private sector enterprises, payments to creditors and related parties, fraudulent expense claims, fraudulent invoices paid to employees, fraudulent debtors’ write-offs and fraudulent overtime charges. The majority of these investigations required an in-depth knowledge of Public Law and Labour Law.

The powers provided to inspectors in terms of the provisions of the Inspection of Financial Institutions Act, 80 of 1998 are also used by the South African Reserve Bank and the Council for Medical Schemes.

We have obtained more than 40 different search warrants in terms of the provisions of section 5 of the Inspection of Financial Institutions Act and have provided the South African Reserve Bank and the Council for Medical Schemes with legal opinions on numerous occasions.

Our appointments by the South African Reserve Bank focused mainly on investigating collective investment schemes. We inter alia assisted the South African Reserve Bank with matters such as Sharemax, Realcor, PIC, etc.

Hahn and Hahn has a high level of expertise with regard to compliance with the Banks Act and have overseen several matters for investment institutions. As a preferred service provider for the NCR for over 8 years, we have provided opinions pertaining to the effect of a NCT ruling as well as interpretation of certain provisions of the National Credit Act as well as handled complaints in terms of the National Credit Act on behalf of the NCT.

We have the combination off all the skills that are needed to effectively investigate fraud and corruption and to assist our clients to manage their risks. We are a team of professional people who conduct forensic investigations of the highest quality.

Being a law firm our clients have the advantage of legal privilege. Our unique blend of skills and expertise enables us to provide services to a wide range of clients. We are a multi-disciplined team which includes amongst others, forensic accountants, chartered accountants, admitted attorneys and investigators.

Our team members are respectively accredited by the Association of Certified Fraud Examiners (ACFE), the Institute of Commercial Forensic Practitioners (ICFP), the South African Institute of Chartered Accountants (SAICA) and/or the Law Society of South Africa (LSSA).

Our experience includes:

As part of our investigation methodology, we use Analyst Notebook which allows us to quickly and effectively turn large volumes of data into actionable intelligence with powerful and rich analysis capabilities.

Jaco Hamman

Jaco Hamman

Partner

Telephone+27 (0)12 055 2120 Emailjaco@hahnlaw.co.za
Olebogeng Mangena

Olebogeng Mangena

Associate Attorney

Telephone+27 (0)12 055 2120 Emailolebogeng@hahnlaw.co.za