In order to resolve a disciplinary proceeding before a Panel of the Disciplinary Committee concerning alleged professional misconduct against him, Aliu Olusola Adewole (also known as Sola Adewole), of Ilorin, Nigeria and formerly of Prince George, British Columbia, has agreed to voluntarily relinquish his membership in the Organization of Chartered Professional Accountants of British Columbia (“CPABC”), effective September 25, 2025.
The professional misconduct alleged against Mr. Adewole involves breaches of the CPABC Code of Professional Conduct. In particular: over several years arranging for over 1300 unauthorized electronic wire funds transfers using his former employer’s bank account and altering corporate financial records to conceal the unauthorized transactions, all of which he knew or should have known was unlawful. Mr. Adewole has irrevocably admitted to all the allegations that CPABC has made against him.
Mr. Adewole has agreed to pay $2,800.00 towards CPABC’s costs of the disciplinary proceeding and pay a fine of $15,000.00. As Mr. Adewole is no longer a member of CPABC, he cannot use or display the designations “Chartered Professional Accountant”, “Certified General Accountant”, or “Professional Accountant”, use or display the initials “CPA”, “CGA”, “CPA, CGA”, or “PA”, or imply, suggest, or hold out that he is a Chartered Professional Accountant or Professional Accountant.