KPMG paid out execs it 'fired' over Gupta scandal
Pickering admitted certain packages were paid to some of those who resigned in September “in the interest of speed”
05 October 2017 - 14:20
KPMG SA director Gary Pickering acknowledged before Parliament’s Standing Committee on Public Accounts that the heads of KPMG who left the firm in light of the latest scandals around certain reports were paid packages to leave. In September KPMG embarked on a major board sweep where individuals‚ including then-CEO Trevor Hoole‚ resigned following revelations of the firm’s conduct in handling reports into the SA Revenue Service “rogue unit” report as well as their work into the Gupta-owned Oakbay.
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