NTSEBEZA INQUIRY
All systems go for the start of KPMG-Gupta hearings
The Ntsebeza inquiry into the conduct of South African Institute of Chartered Accountants (Saica) members who worked for KPMG SA on Gupta accounts and the South African Revenue Service (SARS) "rogue unit" report will soon start its hearings. The hearings were expected to start on Monday, February 19, inquiry leader advocate Dumisa Ntsebeza said on Wednesday. There are two inquiries into the work international auditing firm KPMG did for the controversial Gupta family and on the SARS report. The Ntsebeza inquiry is looking into Saica members employed by KPMG whose conduct may have contravened the Saica code of professional conduct. The other inquiry is being carried out by the Independent Regulatory Board for Auditors (Irba) into the audit firm’s conduct. KPMG SA found itself at the centre of state-capture allegations following the release of Gupta e-mails. The fallout led to the loss of clients and the departure of nine senior executives. Ntsebeza said it was important that witnesses...
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