'KPMG must fall, it's as simple as that' - caller

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

Also read: KPMG SA’s new CEO opens up about the future of the disgraced auditing firm

Listen to full conversation in the audio below:

702 welcomes all comments that are constructive, contribute to discussions in a meaningful manner and take stories forward.

However, we will NOT condone the following:

  • Racism (including offensive comments based on ethnicity and nationality)
  • Sexism
  • Homophobia
  • Religious intolerance
  • Cyber bullying
  • Hate speech
  • Derogatory language
  • Comments inciting violence.

We ask that your comments remain relevant to the articles they appear on and do not include general banter or conversation as this dilutes the effectiveness of the comments section.

We strive to make the 702 community a safe and welcoming space for all.

702 reserves the right to: 1) remove any comments that do not follow the above guidelines; and, 2) ban users who repeatedly infringe the rules.

Should you find any comments upsetting or offensive you can also flag them and we will assess it against our guidelines.

702 is constantly reviewing its comments policy in order to create an environment conducive to constructive conversations.

Read More
KPMG SA’s new CEO opens up about the future of the disgraced auditing firm

KPMG SA’s new CEO opens up about the future of the disgraced auditing firm

The Money Show’s Bruce Whitfield interviews KPMG South Africa CEO Nhlamu Dlomu.

Can KPMG employees sue the company for job losses?

Can KPMG employees sue the company for job losses?

The future of KPMG employees hangs in the balance after big clients dropped the company over its questionable conduct.

Sasfin CEO opens up about dumping KPMG

Sasfin CEO opens up about dumping KPMG

The Money Show’s Bruce Whitfield interviews Sasfin CEO Roland Sassoon.

Sasfin Holdings cuts ties with KPMG after 18 years

Sasfin Holdings cuts ties with KPMG after 18 years

CEO of Sasfin Holdings Roland Sassoon confirmed that it has dropped KPMG as their auditing firm and put its audit up for tender.

KPMG called before Parliament to account for "unethical" behaviour

KPMG called before Parliament to account for "unethical" behaviour

The audit firm needs to account after it withdrew its report into the so-called “rogue unit”.

ANC MP defends presence at SARS briefing, apologises

ANC MP defends presence at SARS briefing, apologises

Scopa's s ANC study group whip Mnyamezeli Booi says he is sorry for the impression created by his presence at the briefing.

Retracted KPMG report does not vindicate axed Sars officials, group exec argues

Retracted KPMG report does not vindicate axed Sars officials, group exec argues

Sars group executive for employment relations, Luther Lebelo says former Sars employees were charged before the report came out.

KPMG will come to the fight if Sars picks it - journalist

KPMG will come to the fight if Sars picks it - journalist

Sars boss Tom Moyane says that his organisation will be instituting legal proceedings against KPMG for reputational damage.

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

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

Sars commissioner Tom Moyane announced that the revenue service will be taking legal action against KPMG after it canned report.

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.

Popular articles
Dr Mbuyiseni Ndlozi opens up about his thesis

Dr Mbuyiseni Ndlozi opens up about his thesis

Ndlozi explains the significance of the the first chapter of his thesis: 'Trauma in the archives'.

Sassa cards will be functional beyond expiry date

Sassa cards will be functional beyond expiry date

Sassa says text messages making the rounds asking beneficiaries to come and renew their Sassa cards is a hoax.

Mashaba moves to insource security guards come Jan 2018

Mashaba moves to insource security guards come Jan 2018

Mashaba is also on a mission to identify owners of buildings in the city centre that he says are harbouring criminals.

Why Sisulu and Dlamini-Zuma aren't suitable Presidential candidates: analyst

Why Sisulu and Dlamini-Zuma aren't suitable Presidential candidates: analyst

ANC branch in the Eastern Cape, Z.R Mahabana, has launched a campaign backing Lindiwe Sisuslu as an ANC presidential candidate.

It's not the end of the road... Top tips to improve your matric

It's not the end of the road... Top tips to improve your matric

"Recognise that it’s not the end, it’s the beginning." Expert advise for school-leavers who want to improve their results.

‘I started my thriving business with R5000 (and made a profit in the 1st month)’

‘I started my thriving business with R5000 (and made a profit in the 1st month)’

After 3 years there are 3 Nic Harry stores (incl online) that sell 100 000 pairs of socks in over 20 countries around the world.

3 easy questions could bag you R2000!

3 easy questions could bag you R2000!

WIN R2000! But only if you can prove you're a whiz of the MTN Biz Quiz by answering the following three questions...

Blesserfinder: Matching you with a sugar daddy near you

Blesserfinder: Matching you with a sugar daddy near you

Is social trend Blesserfinder, where girls are allegedly matching up with rich 'benefactors' in exchange for sex, a real thing?