According to the KPMG website, its roots in South Africa date back to 1895.
The company describes itself as a global network of professional services firms providing Audit, Tax and Advisory services and one of largest auditing firms in the country.
On its Facebook page, the auditing firm says it has 11 offices in South Africa with over 3000 staff.
An auditing firm that once had a good reputation has come under fire after it emerged that they may not have done due diligence while providing services to a Gupta-linked company.
702 and CapeTalk host Eusebius McKaiser asks listeners what should become of KPMG?
The private sector gets away with murder because when people are wearing suits, we think they are inherently more ethical than fat politicians.— Eusebius McKaiser 702 and CapeTalk host
McKasier took some reaction from his listeners to find out what they thought of the saga.
KPMG must fall, it's as simple as that. They are as important as officers of the courts, judges and police officers, and if they are corruptible, they should lose their jobs. The impact on ourselves and the country is too big.— Daniel, caller
This what we call poetic justice. This is what you call Karma. KPMG knows what it has done, creating a report that led to the destruction of Cabinet, which led to the decline in investor confidence, which shook the economy and resulted in further unemployment. If there are employees who have to join the ranks of the unemployed, I say come and join. Look at what your report has done.— Jack, caller
Listen to full conversation in the audio below: