KPMG SA director Gary Pickering acknowledged before Parliament’s standing committee on public accounts (Scopa) that the KPMG executives who left the firm due to the scandal over work done for the Guptas and SARS, were paid severance packages. In September Trevor Hoole resigned as CEO, and eight other senior executives quit with him, following revelations about the firm’s conduct in its report on the South African Revenue Service “Rogue Unit” — parts of which it withdrew — and its work on Gupta companies including Oakbay. KPMG is being probed by industry watchdog the Independent Regulatory Board of Auditors (Irba). Newly appointed CEO Nhlamulo Dlomu and director Gary Pickering briefed Scopa on Thursday morning. ANC MP Nthabiseng Khunou eventually joined the Scopa hearing — the only ANC committee member in the room. DA Scopa member Tim Brauteseth asked what elements of the rogue unit report to SARS were deemed invalid by KPMG International following an internal review. Pickering said ...
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