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Moses resigns from IFA

Monday 11th of July 2011

"I can confirm that the Institute has received his resignation," said IFA president Nigel Tate.

The resignation comes after Moses was convicted at the High Court last week of five charges laid under the Securities Act alongside fellow Nathans directors Mervyn Doolan and Donald Young.

"For me it indicates he's probably thinking about the reputation of the Institute which is a positive thing, and I think he's come to the conclusion that there's no point in causing any ill will or any issues beyond what's already happened," Tate said.

"It was probably something that would have been inevitable anyway, we have a disciplinary process that would have to be followed which is quite elongated, quite intense. If it was to be taken right through that process then the result would probably be very similar. I think this has probably circumvented things.

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