ACCA EGM SET FOR 17 FEBRUARY 2000
(From the Accountancy Age Web Site - 29 Nov 1999)
Lucinda Kemeny[29 Nov 1999]
 

ACCA has confirmed an EGM will be held, at a cost of £80,000, on 17 February, following news that the association has received over 100 signatures in  support of the move, provoked by concerns over the association's governance.
 
Anthony Thomas, who is leading the calls for an  EGM, said that he was disappointed things had had  to go so far, and he had tried and failed to arrange a meeting with ACCA president John Brockwell in order to avoid the £80,000 costs of holding the emergency meeting.

 'I repeatedly wrote to ACCA and said that I was willing to go anywhere in the UK to meet Brockwell  but he would not even let me meet him on the day of a council meeting because he was too busy,' he said.

Supporters of Thomas include president-elect Ray Gardiner who was given a vote of no-confidence on the day that he was due to take his presidency earlier this year.

 He denounced a recent statement issued by ACCA which included references that Thomas had never voiced his concerns during his 12 years as a council member. 'Having sat on council alongside Anthony Thomas and chaired and attended meetings in his presence, I can only say such a statement beggars belief. The records will show that he was never afraid to raise questions and articulate his views both in committee and behind the scenes,' he said.

 In total, five former council members have signed the motion for an EGM and Thomas said that that was enough in itself to warrant the meeting. An ACCA source challenged the corporate governance criticisms that the EGM seeks to address, stating that the rebellious group were trying to turn the clock back and another EGM will ensure 'more months of distraction from the real business of ACCA'.