Au­dit firm chiefs purged over Gupta scan­dal

Gulf News - - Australia/ Africa -

Global

au­di­tor KPMG cleared out its South African lead­er­ship en masse on Fri­day after damn­ing find­ings from an in­ter­nal in­ves­ti­ga­tion into work done for busi­ness­men friends of Pres­i­dent Ja­cob Zuma.

KPMG’s in­ves­ti­ga­tion into its work for the Gup­tas, ac­cused by a pub­lic watch­dog of im­prop­erly in­flu­enc­ing gov­ern­ment con­tracts, iden­ti­fied no ev­i­dence of crimes or cor­rup­tion, but found that work done for Gupta fam­ily firms “fell con­sid­er­ably short of KPMG’s stan­dards”, the au­di­tor said in a state­ment. (Reuters)

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