01 September 2021
Mr Derek Martin Williamson (UK)
Complaint / Non-Compliance
Following a law enforcement referral the Association received complaints from a number of members of the public against the Member relating to the loss of investment funds via a third party for which the Member had initially been appointed as a consolidator.
Findings
That the Member had breached Regulation 15.3 of the AIA Public Practice Regulations in the AIA Constitution and the UK Money Laundering Regulations and had failed to demonstrate that he had undertaken adequate due diligence on the client in question or the complainants and had offered no evidence to the contrary.
Order
That the Member be immediately excluded from membership of the Association and fined the amount of £7,500.
Expiry Date
31/08/2028
Mr Seth Abedu Okai (UK)
Complaint / Non-Compliance
A referral was received from the Practice Compliance Committee on 2 March 2021 under AIA Bye-Law 8.1(c) for breach of AIA Bye-Laws 5.1, 5.2 and 5.4 which outline member obligations in relation to subscription payments and Annual Returns and 19.1 Disclosure of Information (preventing AIA from fulfilling its statutory obligations under current UK Money Laundering Regulations.
Findings
That the Member had breached Bye-Laws 5.1, 5.2 and 5.4 and 19.1 in failing to complete the renewal of his Practising Certificate within the timeframe set by AIA whilst continuing to practice.
Order
That the Member be given until 31 August 2021 to complete the outstanding Practising Certificate renewal and if any part of the process remained outstanding on 31 August 2021 the Member would be excluded from membership with immediate effect. The Member was excluded following failure to comply with the Order in the timeframe set.
Expiry Date
21/07/2028
Mr Mohammad Nazeem Busawon (UK)
Complaint / Non-Compliance
Referral from the Practice Compliance Committee on 10 June 2021 under AIA Bye-Law 8.1(c) and 8.1(a) for breach of Public Practice Regulations 12.1 and 12.2 for failing to co-operate with a Desktop Monitoring Review and providing the requested information and Public Practice Regulation 19.1 for not providing AIA with information it requires to fulfil its regulatory obligations.
Findings
That the Member had previously been engaging in public practice without a Practising Certificate until it was brought to the attention of AIA. That the Member had subsequently been fined and was granted a Practising Certificate on the understanding that he undergoes a Desktop Monitoring Review to ensure all the correct policies and processes were in place. That the Member repeatedly failed to submit the information to AIA despite repeated requests and a subsequent referral to and Consent Order from the Practice Compliance Committee.
Order
That the Member be fined an additional £200, to be added to the existing £200 fine imposed by the Practice Compliance Committee, and he be given a period to bring his account up to date. That failure to comply would result in exclusion from membership. The Member was excluded from membership on 7 September 2021.
Expiry Date
21/07/2028
Mr Godfred K Frimpong (UK)
Complaint / Non-Compliance
Referral from the Practice Compliance Committee on 2 March 2021 under Bye-Law 8.1(c) for breach of Public Practice Regulations 4.1 (a) 4.1 (b) -Practising without a valid Practising certificate and Regulation 12.1 – failing to supply requested information and 19.1 Disclosure of Information (preventing AIA fulfilling its obligations under current UK Money Laundering regulations).
Findings
That the Member had failed to complete the Practising Certificate renewal form and provide supporting documents by the deadlines set by both the AIA Compliance Team and the Practice Compliance Committee despite repeated communications from AIA.
Order
That the Member complete the renewal of his 2020/2021 Practising certificate by an agreed deadline and be fined an additional amount of £200 making the total fine £400 payable by 31 August 2021. That failure to comply with the conditions by the date specified will result in exclusion from membership. The Member failed to comply and was excluded from membership on 7 September 2021.
Expiry Date
21/07/2028
Mr Amit Mohan (UK)
Complaint / Non-Compliance
Referral from the Practice Compliance Committee on 2 March 2021 under Bye-Law 8.1(c) for breach of Bye-Law 5.8 relating to annual subscriptions and payments, Membership Regulation 22 regarding requirements to provide annual returns and Public Practice Regulation 3.5 Authorisation to Practice.
Findings
That the Member had failed to renew both his Membership and Practising Certificate despite reminders from AIA and had failed to respond to correspondence regarding his intentions.
Order
That the Member be given until 31 August 2021 to bring his account up to date and that failure to comply would result in exclusion from membership. The Member failed to comply and was excluded from membership on 7 September 2021.
Expiry Date
21/07/2028
Mr John Finbarr Gahan (ROI)
Complaint / Non-Compliance
Referral from the Practice Compliance Committee on 2 March 2021 under Bye-Law 8.1(c) for breach of Bye-Law 5.8 Annual subscriptions and Payment, Membership Regulation 22.1 Requirement to Provide Annual Return, and Public Practice Regulation 19 Disclosure of Information.
Findings
That the Member had submitted his Membership subscription fee, Practising Certificate renewal fee, or Annual Return. That the Member had subsequently resigned his membership following the start of the disciplinary process.
Order
That the Member settles the outstanding balance of £585 on his account. That the Member be fined an additional £200 and that the Member be excluded from AIA Membership.
Expiry Date
21/07/2028
Mr Raheel Anjum (UK)
Complaint / Non-Compliance
Referral from the Practice Compliance Appeal Committee on 14 June 2021 following a rejection of his appeal. Referred under Bye-Law 8.1(c) for breach of Bye-Law 5.2 Annual subscriptions and payments, Membership Regulation 22.1 Requirement to Provide Annual Return, Public Practice Regulation 12.1 and 12.2 Monitoring and Public Practice Regulation 19.1 Disclosure of Information.
Findings
That the Member did not supply the requisite firm wide risk assessment or Disclosure and Barring Service Certificates contrary to Regulation 26 of the UK Money Laundering Regulations 2017. That the Member did not respond to requests to participate in AIA’s monitoring review made in September 2020.
Order
That the Member be fined £200 and that he pays all outstanding monies on his account by 31 August 2021. That the Member be excluded from membership.
Expiry Date
21/07/2028
Mr Rhodri-Jones Morris (UK)
Complaint / Non-Compliance
Referral following receipt of information from the Member regarding a breach of Bye-Laws 8.1(i). That on 24 February 2021 the Member was convicted of an offence and received a fine under section 4(1) of the Misuse of Drugs Act 1971.
Findings
That following his conviction the Member had been deemed to have brought the accountancy profession into disrepute under Bye-Law 8(k).
Order
That finding the offence did not meet the threshold of a Schedule 3 MLR 2017 offence the Member be fined £200). That the Member be required to undergo a further Monitoring Review within the next 12 months and meet the cost of this review. That should issues of a similar nature come to the attention of the AIA at any time that the Member be automatically excluded from membership and his Practising Certificate revoked.
Expiry Date
15/04/2028
Mr Nicholas Metallinos (UK)
Complaint / Non-Compliance
Referral under Bye-Law 8.1(c) from the Practice Compliance Appeal Committee on 12 January 2021 following rejection of his appeal against the outcome of the Practice Compliance Committee on 26 February 2019 and his failure to meet the conditions specified by the Practice Compliance Appeal Committee within the time allocated. Referred for breaches of Public Practice Regulations 12.1 and 4.1(a).
Findings
That the Member had failed to renew his practising certificate and had made no effort to bring his account up to date and had therefore breached Public Practice Regulations 12.1 and 4.1(a).
Order
That the Member be required to pay the amount of £955 outstanding on his account. That the Member be excluded from membership.
Expiry Date
15/04/2028
