Corruption Watch approves of the investigation by the Independent Regulatory Board for Auditors into alleged improper conduct of auditing firm KPMG.
The investigation relates to KPMG’s audit of Linkway Trading.
Linkway Trading is the company allegedly involved in the Free State dairy and Gupta wedding scandals.
Corruption Watch says the auditing firm’s explanation of the Gupta wedding audit is “unconvincing and inadequate”.
Arabile Gumede (in for Bruce Whitfield on The Money Show) interviewed Corruption Watch Executive Director David Lewis.
Listen to the interview in the audio below (and/or scroll down for quotes from it).
As a CEO you have a relationship with, probably, your top 20 clients.— Moses Kgosana, KPMG
It’s a professional relationship, and that’s all it was.— Moses Kgosana, KPMG
I paid for myself for independence reasons.— Moses Kgosana, KPMG
I wasn’t pushed [to resign].— Moses Kgosana, KPMG
This is a clear case of money laundering… It’s difficult to believe they [KPMG] didn’t [know about it].— David Lewis, Corruption Watch
KPMG may be in contravention of US anti-corruption laws.— David Lewis, Corruption Watch
We are actively consulting with our lawyers to make a referral to the FBI [regarding the Mckinsey case].— David Lewis, Corruption Watch
They [Mckinsey] paid a massive “facilitation fee”.— David Lewis, Corruption Watch
Enter your email address in the form below to receive a newsletter containing the most-read articles of the week from Bruce Whitfield’s The Money Show every Friday morning in your inbox.
Recommendedby NEWSROOM AI
Bruce Whitfield asks branding and advertising expert Andy Rice to critique the week’s advertising “heroes” and “zeroes”.
The Money Show’s Bruce Whitfield interviews Luno Country Manager Marius Reitz.
The Money Show’s Bruce Whitfield interviews Zodwa Velleman, CEO at the Vapour Product Association of South Africa.
The Money Show's Bruce Whitfield interviews Africa correspondent Lee Kasumba
Bruce Whitfield interviews Manser about his attitude toward money (hopes and fears, successes and failures, etc.).
Bruce Whitfield interviews Dr Adrian Saville (Gordon Institute of Business Science) and Rand Merchant Bank Strategist John Cairns.
Marianne Thamm wrote the forward to 'The Lost Boys of Bird Island' and worked with Mark Minnie in editing the controversial book.
Khabazela shares Facebook posts, YouTube videos that have gone viral including one with the smartest dogs.
Former NDPP Mxolisi Nxasana says he didn't know the payout he received was a golden handshake.
MD at World Wide Worx Arthur Goldstuck explains how your phone may record your voice conversations.
City of Joburg mayor Herman Mashaba says undocumented people living in the city make it difficult to combat crime.
Check out the videos, tweets, Facebook posts that have gone viral and why this kid cheered her dad on in the toilet.
Young(ish) South Africans tell stories of the mixed emotions they feel when supporting family members, and tips from an advisor.
Juan Sanchez shares stories of Fidel Castro that’ll make you re-examine everything you thought you knew about the Cuban dictator.