Tom Moyane insists government blacklist KPMG

South African Revenue Service (Sars) commissioner Tom Moyane has launched a scathing attack on audit firm KPMG saying government must blacklist the firm. Monyane was speaking at a media briefing held on Monday.

Last week the auditing firm withdrew all its findings and recommendations around its report into the so-called Sars spy unit.

Gia Nicolaides, EWN reporter was at the media briefing.

She reports that Monyane in criticising the firm added that KPMG was under contractual obligation stating this particular report belongs to the revenue service.

Monyane said he was rather disappointed that KPMG released this statement on Friday.

Gia Nicolaides, EWN reporter

Also read: Ex Sars officials to seek legal recourse after KPMG bins Sars 'spy unit' report

Monyane also said they would institute legal action but also cease any work KPMG is currently performing and also ask the finance minister to stop KPMG doing any work for the state.

Gia Nicolaides, EWN reporter

KPMG International says it's offered to repay Sars for the controversial spy unit report that it conducted and will also make a donation of R40 million to NGOs, an amount that's based on fees that the firm earned from Gupta related entities.

Nicolaides, reports that Monyane told the media they will also look at work dating back to ten years ago done by the firm, to see if there is more to recover from the auditing firm.

They are not saying that they are accepting it at this particular stage.

Gia Nicolaides, EWN reporter

Listen to the EWN report in the clip below:


Recommended

by NEWSROOM AI
Read More
Wits Nehawu members down tools over salaries

Wits Nehawu members down tools over salaries

Nehawu Wits acting secretary Tumisho Madihlaba says negotiations with management deadlocked resulting in a strike.

Former Eskom interim CEO Sean Maritz under fire for signing off R400 mil payment

Former Eskom interim CEO Sean Maritz under fire for signing off R400 mil payment

‘Documents show that the fee contract was entered into by Anoj Singh & signed off by the acting CEO Sean Maritz' - Chris Yelland

‘Qedani Mahlangu helped people die then she ran away’ – Stephen Grootes

‘Qedani Mahlangu helped people die then she ran away’ – Stephen Grootes

Stephan Grootes shares his views on the events that unfolded at Life Esidimini and comments on Qedani Mahlangu’s apology.

Metrorail train derails due to vandalism on the central line

Metrorail train derails due to vandalism on the central line

The Central line was set to resume services on Thursday but has been postponed due to vandalism at Heideveld and Netreg stations.

Tom Monyane denies opening criminal case against Pravin Gordhan

Tom Monyane denies opening criminal case against Pravin Gordhan

EWN Senior reporter Barry Bateman says the allegations were made in an affidavit by Sars official, Vlok Symington.

May the Fourth be with you, a celebration of Star Wars Day

May the Fourth be with you, a celebration of Star Wars Day

May 4 marks "May the Fourth be with you," Day celebrated by fans George Lucas' fans of his Star Wars global movie franchise.

Popular articles
[WATCH] Here's the purported ANC letter Maimane revealed during Ramaphosa's Q&A

[WATCH] Here's the purported ANC letter Maimane revealed during Ramaphosa's Q&A

The 2014 letter on an ANC letterhead signed by then TG Zweli Mkhize thanks Bosasa's Gavin Watson for a 3 million party donation.

Blueberry production – and employment - skyrockets to all-time high

Blueberry production – and employment - skyrockets to all-time high

In 2014, 1000 people had blueberry jobs. By 2023 it could be 26 000. Bruce Whitfield interviews the industry's Sean Tager.

[WATCH] Man records every treadmill run over 8 months... and shows weight loss

[WATCH] Man records every treadmill run over 8 months... and shows weight loss

Khabazela shares tweets and Facebook posts that have gone viral.

Standard Bank says comedy of errors with bond applicant 'a once off'

Standard Bank says comedy of errors with bond applicant 'a once off'

Only when consumer journalist Wendy Knowler chased Standard Bank did they admit wrongdoing that cost a client R41 000.

SA’s richest woman opens up about being a refugee and becoming a billionaire

SA’s richest woman opens up about being a refugee and becoming a billionaire

Magda Wierzycka – Sygnia’s renegade CEO – on her attitude toward money (hopes and fears, successes and failures, etc.).

[WATCH] Father and daughter dance-off changes tune when she starts twerking

[WATCH] Father and daughter dance-off changes tune when she starts twerking

Khabazela shares tweets and Facebook posts that have gone viral.