Embattled audit firm KPMG appeared before Parliament's Standing Committee on Public Accounts (Scopa) on Thursday morning to account for recent criticisms of work done for a Gupta-linked company and a controversial Sars report.
New CEO Nhlamu Dlomu told Parliament that they haven't found any evidence that shows there is a systemic problem within the organisation.
She says a bulk of their work has been done to the satisfaction of their reviewers. they've been for will be in the hot seat in Parliament today when she faces questions from lawmakers about the firm’s integrity.
When KPMG International did their investigation, they did not find any signal of there being a systemic problem.— Nhlamu Dlomu, New KPMG CEO
KPMG is being probed for the work it did for the Gupta-owned Linkway Trading as well as for bungling a forensic report a rogue unit operating at Sars.
EWN Reporter, Lindsay Dentlinger says the officials from KPMG have told Parliament that the firm could not own the conclusions and recommendation reached in that report becasue they don't have the legal expertise.
That's pretty much what they were prepared to say on that matter...— Lindsay Dentlinger, EWN reporter
The DA's David Maynier asking if they can confirm whether there was any illegal interception of communication. They were very reluctant to answer yes or no, repeatedly saying they did not have the legal expertise to back up the opinions reached in that report.— Lindsay Dentlinger, EWN reporter
To hear the rest of the interviews, listen below:
This article first appeared on CapeTalk : KPMG: No legal expertise to back up Sars report conclusions