Andreas Papaevripides (UK) - Update
Complaint / Non-Compliance
Mr Papaevripides is providing Trust and Company Services to his clients without being listed as a Trust and Company Service Provider by HMRC . He is therefore in breach of MLR2017 Regulation 54 and subsequently Public Practice Regulation 19.5
The member has by omission and the provision of incorrect information, mislead AIA on 2 occasions. Breach of Public Practice Regulation 6.4 (f)
Findings
These acts of non-compliance were found proven by the Disciplinary Committee
Order
The member to be excluded from membership effective from 11 November 2024
Appeal
Mr Papaevripides has appealed this decision and the case in pending.
Outcome
Mr Papaevripides did not complete the appeal process, and no formal appeal was received. The member is excluded from membership effective from 16 June 2025 Expires 16 June 2032
Dato’ Dr Ronnie Silva (UK)
Allegations and Findings
1. Non-renewal of an AIA Practising Certificate for the period 1 October 2024 to 30 September 2025
Regulatory Reference: The Association of International Accountants Public Practice Regulations 2022, Regulation 4.1(a) - Proven
2. Failure to submit evidence of the completion of the required number of CPD units.
Regulatory Reference: The Association of International Accountants Continuing Professional Development Regulations 3.2, 3.4 and 4.2 - Proven
3. Non-renewal of the AIA Membership
Regulatory Reference: The Association of International Accountants Membership Regulations 2022, Regulation 20.1 - Proven
Disciplinary Order
Pay the outstanding Regulatory fine of £1500 within 21 days of the date of the order
Exclusion from AIA following closure of the appeal window
Pay costs of £1,375.00 within 21 days of the date of the order
Outcome
The member is excluded effective from 16 September 2025
Expiry Date
16 September 2032
Kandiah Kamalanathan (UK)
Allegations and Findings
1. Entering inaccurate or misleading information on an AIA Practising Certificate Application and knowingly engaging in Public Practice without a current and valid Practising Certificate
Regulatory reference: AIA Public Practice Regulation 6.4(f) and AIA Public Practice Regulation 4.1 – Proven
Disciplinary Order
The consistent failure by the member to acknowledge the seriousness of the actions was not compatible with continued AIA Membership or the issue of an AIA practising certificate, therefore the only option available was exclusion from membership.
No further costs of sanctions to be applied
AIA Secretariat to provide an explanation as to why the failure of the member to accept the seriousness of his actions is fundamentally incompatible with continuing in public practice
Outcome
The explanation was provided
Mr Kamalanathan has submitted an appeal
Matthew Odu (UK)
Allegations and Findings
1. Failure to settle the outstanding Disciplinary fines on his account required to allow the acceptance of his resignation from AIA.
Regulatory reference: The Association of International Accountants Complaints, Disciplinary and Appeals Regulations 2022, Regulation 3.1(g) and the Association of International Accountants Public Practice Regulations 2022, Regulation 4.1(a) – Proven
Disciplinary Order
The financial penalty of £1500 will remain in place. This sum is payable within 21 days of the date of this notice.
Costs of £1,375 are to be added payable within 21 days of the date of this notice.
Outcome
The member is excluded effective from 16 September 2025
Expiry Date
16 September 2032
Isaac Cohen (UK)
Allegations and Findings
1. Failure to renew AIA Practising Certificate for 2024/2025 and failure to submit evidence of your completion of 20 hours verifiable CPD for the period 1 October 2023 to 30 September 2024.
Regulatory Reference: AIA Public Practice Regulations 2022, Regulation 4.1(a)
And Continuing Professional Development, Regulation 3.5. Proven
Disciplinary Order
The Committee agreed that there were mitigating circumstances to consider in this case and in recognition of the late renewal you are to receive a reprimand, however no further costs or sanctions are to be applied.
Expiry Date
16 September 2032
Samuel Fakorede (UK)
Allegations and Findings
1. Failure to fully co-operate with the Association in regard to the completion of the monitoring and quality assurance process. Poor understanding of his obligations
under UK Money Laundering Regulations and failure to comply with these regulations within his accountancy practice.
Regulatory reference: Public Practice Regulation 19.5, Regulations Complaints, Disciplinary & Appeals Regulation 3.1(e) - Proven
Disciplinary Order
In recognition of the current circumstances and the member’s earlier cooperation with the monitoring process the Committee agreed that no further sanctions were to be imposed.
The outstanding fine of £1,500 levied following the rejection of Mr Fakorede’s appeal and subsequent failure to submit the evidence will stand and is to be settled within 21 days of the date of the order. An instalment plan is available if requested.
The sanction of a severe reprimand is to remain in place.
Mr Fakorede is to be excluded from Membership of the AIA upon closure of the Appeal window.
Outcome
Mr Fakorede is settling the £1,500 fine in instalments
The member is excluded effective from 16 September 2025
Expiry Date
16 September 2032
Joseph Cohen (UK)
Allegations and Findings
1. Non-renewal of the Practising Certificate for the period 1 October 2024 to 30 September 2025
Regulatory Reference: The Association of International Accountants Public Practice Regulations 2022 Regulation 4.1(a) -Proven
2. Non-submission of evidence of 20 hours of verifiable CPD for the period 1 October 2023-30 September 2024
Regulatory reference: The Association of International Accountants’
Continuing Professional Development Regulations 2021, Regulation 3.2 - Proven
3. Non-payment of the outstanding Disciplinary Fine of £1,500 imposed by the Practice Compliance Committee on 24 February 2025 in respect of the above breach
Regulatory Reference: The Association of International Accountants’ Complaints, Disciplinary & Appeals Regulations 2022, Regulation 3.1(g) - Proven
Disciplinary Order
Member has until 30 September to complete the renewal of his PC and make payment of the Disciplinary fine issued by the Practice Compliance Committee.
The fine must stand as the Practising Certificate had not been renewed
Outcome
Mr Cohen has appealed.
Mujeeb Alam (Saudi Arabia)
Complaint / Non Compliance
Mr Alam submitted examination answer at the examination that was undertaken on 29 November 2024 which included text that was either wholly or substantially wholly not from his own mind during the period of the examination
Findings
After careful consideration of all the information presented to it, in accordance with its remit under Regulation 13.2 of AIA’s Complaints, Disciplinary & Appeals Regulations, the Committee found Mr Alam in breach of Bye-Law 8.1
Order
The member to be removed from Student Register.
Expiry Date
22/04/2032
Fawad Ibrahim Abubaker Mohamed (UK)
Complaint / Non Compliance
Mr Mohamed has not settled the reduced outstanding disciplinary fine on his account imposed by the Practice Compliance Committee of 4 December 2024. He is therefore liable to Disciplinary Action under The Association of International Accountants’ Complaints, Disciplinary & Appeals Regulations 2022. Regulation 3.1(g) which states
Under the conditions prescribed in Bye-Law 8, a Member, Elected Member or Student shall be liable to disciplinary action if he has failed to co-operate with the Association in disciplinary proceedings brought against him.
Findings
After careful consideration of all the information presented to it, in accordance with its remit under Regulation 13.2 of AIA’s Complaints, Disciplinary & Appeals Regulations, the Committee found the allegation to be proven.
Order
The member to be excluded from membership effective from 12 May 2025.
Costs
The member is to pay costs incurred during the investigation and presentation of this case to the sum of £1,375 within 28 days of the date of notice
