Strike three for KPMG and a Supra-sized headache. Read on to find out more!
Once again, two senior partners were forced to resign last week.
An amount of R177-million is missing in a complex money trail that jumps from Namibia to South Africa
Analysts say there is a conflict of interest between their auditing functions and advisory services
The SARB on Thursday issued a statement following recent developments at KPMG.
The government has cancelled its auditing contracts with KPMG and Nkonki Inc
Anoosh Rooplal has announced that he was withdrawing VBS Mutual Bank’s most recent financial statements.
The company is looking at reviewing at least 200 files.
Stay up to date with what made the leads in some of the country’s daily’s
The revelations are another blow to the auditing firm, which has battled to restore its credibility after allegedly assisting Gupta-linked companies
The beleaguered auditing firm has launched a large-scale review of all work done in last 18 months
An alarming picture is rapidly emerging of poor management, suspect deposits and possibly fraudulent transactions
SizweNtsalubaGobodo says there is reason to believe there has been fraudulent reporting and manipulation of financial information
Ismail Momoniat said the status of Viceroy as a company made it difficult for South Africa to hold its report responsible.
The standing committee on finance will roll up its sleeves for a full day of hearings into Steinhoff, KPMG, VBS Mutual Bank, and SARS
The South African Reserve Bank was justified in placing VBS Mutual Bank under curatorship
The West Rand’s plight could be a harbinger of problems for municipalities invested in VBS being placed under curatorship
‘We thought the bank was a safe place to keep our money but now we have been thrown
in a dilemma’
The country cannot afford a a bank collapse while it is on the path of inclusive economic recovery
National Treasury said placing VBS Mutual Bank under curatorship is a better option than liquidation
This notion that the Reserve Bank decided to attack a black bank has got to be condemned says central bank governor
The mutual bank faces the possibility of going bust after the Treasury instructed municipalities to stop investing with it last year.