South Africa should seek damages from global auditor KPMG for the role it played in a corruption scandal that saw at least R1.9 billion ($130 million) stolen from local bank VBS, a central bank investigation published on Wednesday said. The probe, carried out by a team of lawyers and forensic investigators on behalf of the South African Reserve Bank (SARB), is the latest headache for KPMG, which has lost more than a dozen clients as questions have been raised about its ethical conduct in the country.
South Africa should seek damages from KPMG over bank graft: central bank probe – 10 October 2018
by admin | Oct 10, 2018 | News & Analysis |