NATIONAL NEWS - Former Finance Minister Pravin Gordhan says that the leaders of KPMG in the country need to understand that they have played a major role as willing partners in state capture.
Recently, the auditing firm has been heavily criticised after it withdrew its findings and recommendations from the controversial South African Revenue Service (Sars) report into the intelligence unit and admitted to mistakes made when working for Gupta-linked companies.
The firm has since lost multiple clients, with Finance Minister Malusi Gigaba calling on government and its entities to review work done by KPMG to ensure that audits haven’t been compromised.
KPMG had its membership of Business Leadership South Africa (BLSA) suspended, pending the outcome of an independent investigation.
Over the weekend, KPMG International said that an independent investigation into KPMG South Africa will be led by a senior South African legal figure who is completely independent.
Gordhan: KPMG leaders were willing partners in state capture
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