Resolutions of Discipline Proceedings (Since January 1, 2008)

Since January 1, 2008, as a condition of resolving discipline proceedings against members or former members, the members or former members have agreed to publication on the public section of the Institute's website of the following summaries of the resolutions of those discipline proceedings. Summaries of "resignations in the face of discipline" prior to December 31, 2007 are available on the members' only section of the Institute's website.

14. IAN M. ADAM

Ian M. Adam of Vancouver, British Columbia has resigned his membership in the Institute of Chartered Accountants of British Columbia, effective November 27, 2014, in the face of an investigation by the Institute concerning alleged professional misconduct.

The professional misconduct alleged against Mr. Adam includes serious breaches of the Institute’s Rules of Professional Conduct relating to Mr. Adam taking a substantial amount of client funds without consent. Mr. Adam has informed the Institute that it was his intention to repay those funds before detection. However, he admits that he has not returned any of the funds and that, in any event, his actions amounted to professional misconduct.

Only a member of the Institute is entitled to use the designation Chartered Accountant or Fellow of the Chartered Accountants and only a member of the Institute is entitled to use the initials CA or FCA. 

13. MARTIN R. JOHNSON

Effective April 4, 2013, Martin R. Johnson of West Vancouver, British Columbia voluntarily agreed to the suspension of his membership in the Institute of Chartered Accountants of British Columbia for a period ending upon the conclusion of the disciplinary proceedings before a Panel of the Discipline Tribunal concerning his conviction in August 2012 for an offence contrary to the Income Tax Act.

Effective May 29, 2014, Mr. Johnson has resigned his membership in the Institute. The Institute’s previously initiated disciplinary proceedings against Mr. Johnson have been discontinued by agreement.

Only a member of the Institute is entitled to use the designation Chartered Accountant or the initials CA.

12. SIAMAK SAIDI AND SIAMAK SAIDI LTD.

Siamak Saidi of Abbotsford, British Columbia has resigned his membership in the Institute of Chartered Accountants of British Columbia, effective March 12, 2014 in the face of disciplinary proceedings by the Institute concerning alleged professional misconduct.

On January 20, 2014, in criminal proceedings in the BC Criminal Court, Mr. Saidi pleaded guilty to committing fraud over $5,000 and committing forgery. Mr. Saidi’s guilty pleas related to the circumstances that gave rise to the Institute’s disciplinary proceedings against him concerning alleged professional misconduct.

Only a member of the Institute is entitled to use the designation Chartered Accountant or the initials CA.
Further, Siamak Saidi Ltd. is not and has never been licensed to carry on the practice of public accounting in British Columbia. As such, Siamak Saidi Ltd. is not entitled to use the designation “Chartered Accountant” or the initials “CA” signifying that designation.

11. IAN BARTHOLOMEW

Ian Bartholomew of Delta, British Columbia has resigned his membership in the Institute of Chartered Accountants of British Columbia, effective October 24, 2013, and the practice licence of the firm Ian Bartholomew, C.A. of Delta, British Columbia has been cancelled by the Institute.

10. TERRENCE GREENE

Terrence Greene of North Saanich, British Columbia has resigned his membership in the Institute of Chartered Accountants of British Columbia, effective December 31, 2012 in the face of an investigation by the Institute concerning alleged professional misconduct. At the time of this resignation, the firm of Greene & Co. of Sidney, British Columbia, no longer has a practice licence from the Institute.

The professional misconduct alleged against Mr. Greene includes serious breaches of the Institute’s Rules of Professional Conduct related to his mishandling of the affairs of an estate and his failure to provide adequate and timely information to the executors. It is alleged that he gave inappropriate investment advice, provided inadequate tax planning advice, maintained inadequate records and failed to provide them to the executors.

Only a member of the Institute is entitled to use the designation Chartered Accountant or the initials CA.

9. REMOVED

8. PETER B. INMAN

The Member, of Fareham, Hampshire, England, has resigned his membership in the Institute of Chartered Accountants of British Columbia, effective September 15, 2011, in the face of a disciplinary proceeding before a Panel of the Discipline Tribunal concerning alleged professional misconduct.

The professional misconduct alleged against Mr. Inman included multiple breaches of Rules 201.1 (Maintenance and Reputation of the Profession), 202.1 (Integrity and Due Care), 205 (False or Misleading Documents and Oral Representations), and 213.1 (Unlawful Activity).

Mr. Inman has also agreed to pay the Institute $25,000 in costs.

Only a member of the Institute is entitled to use the designation Chartered Accountant or the initials C.A.

7. WILLIAM JOHN DIXON

In the face of disciplinary proceedings, William John Dixon of Calgary, AB has resigned his membership in the Institute of Chartered Accountants of British Columbia, effective December 31, 2009, and has agreed never to apply for admission or readmission as a member of the Institute or any other provincial Institute of Chartered Accountants.

Mr. Dixon can no longer use or display the designation “CA” or “Chartered Accountant” or imply, suggest, or hold out that he is a Chartered Accountant.

6. KEN LAGASSE

Ken Lagasse of Vancouver, BC has resigned his membership in the Institute of Chartered Accountants of British Columbia, effective October 1, 2009.

5. HENRY JUNG

In January 2009, the BC Securities Commission banned Henry Jung of Vancouver, BC and Hong Kong from trading securities for 15 years and fined him $70,000 for violating securities laws when he distributed debentures to Canadian investors (see 2008 BCSECOM 222 and BCSECCOM 22). The Commission found that Mr. Jung had acted as an undisclosed director and officer of a TSX Venture Exchange company, and had failed to file insider trading reports. The Institute of Chartered Accountants of British Columbia had previously initiated professional discipline proceedings against Mr. Jung in respect of these matters.

Mr. Jung has informed the Institute that he intends to seek permission from the Court of Appeal to appeal the Commission’s decisions. On February 9, 2009, Mr. Jung voluntarily agreed to the suspension of his membership in the Institute pending a hearing before the Institute’s Discipline Tribunal and the outcome of the intended Court proceedings.

Effective April 27, 2009, Mr. Jung has resigned his membership in the Institute. The Institute's previously initiated professional discipline proceedings against Mr. Jung have been discontinued by agreement.

Mr. Jung can no longer use or display the designation “CA” or “Chartered Accountant” or imply, suggest, or hold out that he is a Chartered Accountant.

4. ASHOK KATEY

Ashok Katey of Vancouver, BC has resigned his membership in the Institute of Chartered Accountants of British Columbia, effective February 28, 2009, and has agreed never to apply for admission or readmission as a member of the Institute or any other provincial Institute of Chartered Accountants.

3. HENRY JUNG

In January 2009, the BC Securities Commission banned Henry Jung of Vancouver, BC and Hong Kong from trading securities for 15 years and fined him $70,000 for violating securities laws when he distributed debentures to Canadian investors (see 2008 BCSECCOM 222 and 2009 BCSECCOM 22). The Commission found that Mr. Jung had acted as an undisclosed director and officer of a TSX Venture Exchange company, and had failed to file insider trading reports. The Institute of Chartered Accountants of British Columbia had previously initiated professional discipline proceedings against Mr. Jung in respect of these matters.

Mr. Jung has informed the Institute that he intends to seek permission from the Court of Appeal to appeal the Commission’s decisions. On February 9, 2009, Mr. Jung voluntarily agreed to the suspension of his membership in the Institute pending a hearing before the Institute’s Discipline Tribunal and the outcome of the intended Court proceedings.

As a suspended member, Mr. Jung cannot use or display the designation “CA” or “Chartered Accountant”, or imply, suggest, or hold out that he is a Chartered Accountant.

2. VICTOR JOHN SCHWAB

In October 2008, Victor John Schwab of Prince George, BC admitted in a settlement agreement with the British Columbia Securities Commission that he had violated various securities laws. The Institute of Chartered Accountants of British Columbia had previously authorized professional discipline proceedings against Mr. Schwab in respect of these matters.

Mr. Schwab has resigned his membership in the Institute, effective December 3, 2008, and has agreed never to apply for admission or readmission as a member of the Institute or any other provincial Institute of Chartered Accountants.

1. DWIGHT R. MARTIN

The Institute of Chartered Accountants of British Columbia has authorized disciplinary proceedings in response to the alleged professional misconduct of Dwight R. Martin of Abbotsford, BC.

The professional misconduct alleged against Mr. Martin includes serious breaches of the Rules of Professional Conduct relating to conflicts of interest involving his clients. It is alleged that he influenced several clients to invest in entities in which he had an interest.

Effective July 10, 2008, Mr. Martin has agreed to the cancellation of his membership in the Institute and to never apply for readmission to the Institute.