Sars guns for KPMG to be blacklisted, but has no qualms with 'rogue unit' report

Sars commissioner Tom Moyane says the revenue service will institute legal action against KPMG for reputational damage.

Moyane says Sars will also report the auditing firm to the Finance Minister in a bid to have it blacklisted, reports EWN's Gia Nicolaides.

On Monday, Sars publicly reacted KPMG’s decision to withdraw its report into the so-called Sars spy unit.

Sars will launch a civil claim for reputational damage, report KPMG to relevant authorities and push for the firm to be blacklisted for its behaviour.

He [Moyane] was very upset that KPMG went ahead and released the statement to the public without consulting with Sars first.

Gia Nicolaides, EWN reporter

Sars is reporting KPMG to the Finance Minister in order to have them blacklisted.

Gia Nicolaides, EWN reporter

They're going to try and get KPMG not to do anymore work for state-owned entities or government. They are also reporting KPMG to Parliament.

Gia Nicolaides, EWN reporter

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

Last week, KPMG rescinded the findings and recommendations contained in its report into the so-called Sars spy unit.

The report saw the removal of several senior officials at Sars,including former finance minister Pravin Gordhan.

Moyane says that legally, the so called 'rogue unit' report belongs to the revenue service, and not KPMG.

He does not believe that the KPMG report is flawed, despite it being described as immoral, unethical and unlawful.

Take a listen to the EWN update:

WATCH: Sars host briefing on KPMG report


This article first appeared on CapeTalk : Sars guns for KPMG to be blacklisted, but has no qualms with 'rogue unit' report


Recommended

by NEWSROOM AI
Read More
Tom Moyane insists government blacklist KPMG

Tom Moyane insists government blacklist KPMG

The South African Revenue Service (Sars) commissioner said it would also cease any work KPMG is currently performing.

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

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

Former Sars spokesperson Adrian Lackay says KPMG's half-hearted apology leaves many questions unanswered.

Heads are going to continue to roll at KPMG and elsewhere - Corruption Watch

Heads are going to continue to roll at KPMG and elsewhere - Corruption Watch

Eight senior executives at KPMG have resigned over the Sars rogue unit report and relations with the Gupta family.

KPMG shunned by some clients after Gupta ties emerge

KPMG shunned by some clients after Gupta ties emerge

CEO of Pan-African Investment, Dr Iraj Abedian, resigned from the board of Munich Re Africa because it would not fire KPMG.

'Auditors are watchdogs, not bloodhounds'

'Auditors are watchdogs, not bloodhounds'

The Money Show’s Bruce Whitfield interviews Independent Regulatory Board For Auditors CEO Bernard Agulhas.

Opinion: Corporates are acting as political actors

Opinion: Corporates are acting as political actors

Stephen Grootes questions businesses acting to protect their own interests and reputation amid state capture claims.

KPMG bosses in denial about damage caused to credibility and trust - economist

KPMG bosses in denial about damage caused to credibility and trust - economist

Economist Dr Iraj Abedian says it is problematic for companies to associate with auditors who face reputational risk.

State capture allegations have left a huge mark against KPMG  - Brown

State capture allegations have left a huge mark against KPMG - Brown

The Institute of Directors has temporarily suspended all co-branded activities with the firm.

Popular articles
[Watch] Chinese SUV maker Haval has advertising far worse than its cars

[Watch] Chinese SUV maker Haval has advertising far worse than its cars

Advertising expert Andy Rice slams the ever-improving Chinese SUV maker for its cheap and nasty advertising.

My milkshake brings all the boys to the yard! - Nando's

My milkshake brings all the boys to the yard! - Nando's

Damn right its better than yours! Ad guru Andy Rice loves Nando’s epic new billboard promoting its delicious looking milkshakes.

Taxpayer? Got R3 billion? The EFF wants you to save the gutted VBS Mutual Bank

Taxpayer? Got R3 billion? The EFF wants you to save the gutted VBS Mutual Bank

A better option to serve black interests, says Warren Thompson, is Patrice Motsepe’s TymeDigital. It won’t cost taxpayers a cent.

'Elite schools in SA are still reproducing bullying and whiteness'

'Elite schools in SA are still reproducing bullying and whiteness'

A discussion on the legacy and experiences of learning at elite, private and model C schools.

'They must release you, we want you outside' Minister Mokonyane tells Omotoso

'They must release you, we want you outside' Minister Mokonyane tells Omotoso

Nomvula Mokonyane tells rape accused Timothy Omotoso that they must release him as he is wanted outside.

[WATCH] Can you do the Thuso Phala and Vosho as well as this little boy?

[WATCH] Can you do the Thuso Phala and Vosho as well as this little boy?

Khabazela shares some of the most popular tweets, posts, and videos on 'What's gone viral'.

Judge in Omotoso case dismisses defence application to recuse himself

Judge in Omotoso case dismisses defence application to recuse himself

Judge Mandela Makaula has dismissed the defence application saying it has no merit.

[Watch] SA choir stuns with isiZulu cover of Ed Sheeran’s ‘Shape of You’

[Watch] SA choir stuns with isiZulu cover of Ed Sheeran’s ‘Shape of You’

Khabazela shares some of the most popular tweets, posts, and videos on 'What's gone Viral'.