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Legalbrief   |   your legal news hub Friday 03 May 2024

KPMG needs to come clean – Gordhan

In what was cast as a preliminary meeting, former Finance Minister Pravin Gordhan and his former deputy, Mcebisi Jonas, met KPMG International chairperson John Veihmeyer yesterday and insisted on full and proper disclosure of the role of various parties in the state capture project. KPMG SA’s new CEO Nhlamu Dlomu was also present, notes a Fin24 report. ‘We shared our strong feelings and disapproval of the manner in which KPMG SA has been involved in the validation of state capture and corruption in respect of both the SARS and companies of the Gupta family,’ Gordhan and Jonas said in a statement. They added: ‘KPMG has a moral duty to account for their conduct to the South African public and they have to be frank, unequivocal and transparent in their disclosures if they wish to restore their own reputation. We insisted on full and proper disclosure of the role of various parties in state capture project and the manner in which KPMG staff seem to have colluded in these processes – including, the complete disregard shown by the management of KPMG.’ Gordhan is still mulling his legal options.