KPMG SA CEO wants an independent probe into firm
KPMG South Africa wants an independent investigation into the firm’s conduct to reassure employees and clients after a scandal involving its handling of audits for businessman friends of President Jacob Zuma, its new chief executive said on Wednesday. The auditor cleared out its South African leadership on Friday after it found that work it did for firms owned by the Gupta family "fell considerably short" of its standards. It found no evidence of crimes or corruption. The Guptas, accused by a public watchdog of improperly influencing government contracts, have denied any wrongdoing, as has Zuma. The Guptas and their companies have not been charged with any crime and they say they are the victims of a politically motivated witch-hunt. But the scandal has cost KPMG at least three clients and several of South Africa’s largest listed companies are reviewing whether to continue using the auditing firm. Nhlamulo Dlomu, who took the reins of KPMG South Africa on Friday, said in an intervie...
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