Four con-men ,purporting to be from the regulatory Zambia Institute of Chartered Accountants (ZICA)
have been visiting companies in Kitwe and Ndola and “fining,” those that do not have registered accountants.
Today the group was at EC Mining were they fined the company for not complying with regulations.
But management got suspicious and decided to verify with ZICA Office.
“Today around 10hrs, we received 4 visitors in suits purporting to be from ZICA. They had a list of 2018 paid up members and ZICA constitution”
” surprisingly wanted to solicit for a bribe in order not to make the matter serious for unpaid subscriptions fee for one of the accounts staff.”
“We got suspicious and secretly called ZICA kitwe who advised that they were not aware of such a team. We managed to arrest 2 of them and other 2 fled.”
” To all Accountants, please be on the lookout for such imposters.”
ZICA is the sole organization in Zambia with the right to award the Chartered Accountant designation; and to practice in Zambia, accountants must be registered with ZICA (AccountantsAct of 2008) ZICA is a member of the International Federation ofAccountants (IFAC).