The Disciplinary Tribunal, at its hearing on 8 October 2010, determined that Mr Moses Kiwanuka of Edgware, Middlesex, a student member of the Chartered institute of Taxation, was in breach of Rules 2.2.1 (Integrity) and 2.15 (Failure to inform the CIOT of disciplinary action taken by other professional bodies), as set out in the Institute’s Professional Rules and Practice Guidelines (PRPG) 2006.
Mr Kiwanuka admitted both charges. The evidence showed that he had knowingly or recklessly made a false statement when applying in July 2009 for re-registration as a student member of the CIOT by falsely stating that he had never been the subject of disciplinary action by a professional body, tribunal or regulatory authority. This was untrue as earlier that year he had been served with an order by the Financial Services Authority (FSA) prohibiting him from carrying out any function in relation to any regulated activity. He had also failed to inform the CIOT that disciplinary proceedings had commenced against him by the Association of Chartered Certified Accountants as a result of the FSA order.
The Tribunal decided that the matters in question were so serious that the necessary and proportionate sanction was expulsion, ie removal from the student register of the Institute. Mr Kiwanuka was ordered to pay costs in the sum of £2,049.38.
