Disciplinary hearings into the professional conduct of Toronto's former treasurer, which includes her involvement in the MFP computer leasing scandal, are set to open later this month.

The Institute of Chartered Accountants of Ontario (ICAO) will probe the actions of Wanda Liczyk in relation to contracts awarded by the city while she was treasurer.

Specifics of the charges against Liczyk won't be made public until the hearing, set for Jan. 25.

"It is in relation to complaints we received from the City of Toronto and a member of the public," said ICAO spokesman Perry Jensen.

"The city felt her actions, when she was employed by it, were inappropriate."

Liczyk rocked the computer leasing inquiry two years ago when she admitted to having a sexual relationship with software consultant Michael Saunders.

Her conduct came under fire by Justice Denise Bellamy in the 2005 report on Toronto's computer-leasing practices.

Bellamy said Liczyk was in a conflict of interest when she participated in awarding million dollar contracts to firms connected with Saunders. The judge also said Liczyk had a conflict in dealing with Dash Domi, a friend with whom she "failed to maintain the professional boundaries" when he did business with the city.

Domi, the brother of former Maple Leaf Tie Domi, worked for MFP Financial Services Ltd., which leased computer equipment to the city.

The cost of the contract was stated as $43 million, but that amount ballooned and the city ended up paying more than twice that amount. Bellamy found Liczyk "buried" the overrun in her council reports.

Liczyk quit in 2001 to become chief financial officer of Toronto Hydro. She left that job in November 2004 after at the Bellamy inquiry.

She received a $500,000 termination settlement from Toronto Hydro and $85,000 in bonuses, among other payments.

The ICAO conducted an about-face in their decision for the disciplinary hearing. The institute decided last July not to pursue charges against Liczyk, the Toronto Star reported.

Protests by the City of Toronto and by resident Doug Elliott caused to review its decision, the Star reported.

Councillor Michael Walker said the investigation is long overdue.

"It's the right step. What they've done up to today was totally inadequate and certainly endangered public confidence in the institute managing its own profession," Walker told CTV's Desmond Brown.

The opening session of the disciplinary proceeding is an assignment hearing, which deals with preliminary matters and sets dates for future hearings.

With a report from CTV's Desmond Brown