Get out of bed with crooks now

The Citizen (Gauteng) - - OPINION -

The de­bate will rage long af­ter to­day about whether ac­count­ing and busi­ness giant KPMG did the right thing on the Gupta-re­lated scan­dal – or whether its hand was forced by the prospect of losing busi­ness, not only in South Africa, but world­wide. At first glance, the com­pany ap­pears to have taken se­ri­ous ac­tion, fol­low­ing the res­ig­na­tions of se­nior per­son­nel. Not only that, KPMG has pledged to pay the R40 mil­lion it earned from work done for Gupta-re­lated com­pa­nies over to char­i­ties. In ad­di­tion, it has with­drawn the con­tro­ver­sial re­port on the SA Rev­enue Ser­vice and re­funded the R23 mil­lion it was paid for that. But, does that go far enough, we won­der? Com­pa­nies like KPMG are the en­ablers for the deep un­der­ground net­work of cor­rup­tion that is stran­gling this coun­try. With­out them, transna­tional money-laun­der­ing op­er­a­tions would be more dif­fi­cult.

The Sars re­port is sin­is­ter work, on a par – be­cause of its poi­sonous po­lit­i­cal pitch – with the na­tion-split­ting white mo­nop­oly cap­i­tal nar­ra­tive pushed by Bell Pot­tinger. That re­port was used as a weapon, re­mem­ber, against Pravin Gord­han.

What hap­pened to KPMG should serve as a chill­ing warn­ing to all those other, ap­par­ently blue-chip, firms that are in bed with crooks.

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