KPMG CEO Nhlamu Dlomu says that the company will make sweeping changes to ensure the firm does not repeat the “greatly disappointing” work it did for the Gupta family and the South African Revenue Services (Sars).
On Thursday, Dlomu and KPMG's South Africa Director Gary Pickering appeared before Parliament's Standing Committee on Public Accounts (Scopa).
This comes after several entities, including Parliament, stopped doing work with KPMG following revelations of its work with the Gupta family and in the Sars 'Rogue Unit' investigation.
She spoke to Stephen Grootes about what the company is doing to salvage its reputation.
It is so important for us that we have an independent inquiry that can uncover all the other issues that may be there and ensure that there is full disclosure and full transparency, that is key for us at the moment.— Nhlamu Dlomu, KPMG CEO
It is not only costly for us, the 3 400 people at KPMG are in the main South African people who are committed to the country. It is not just about our own self interest...— Nhlamu Dlomu, KPMG CEO
Answering questions over the the severance packages paid out to some of its top leadership who left the company in September, Dlomu says the company has followed recommendations from KPMG international.
The pay outs we are talking about have been worked out based on different criteria for different people, it is not just a blanket pay out.— Nhlamu Dlomu, KPMG CEO
It is difficult to discuss the details because what it means is that I would have to go into each individuals confidential information.— Nhlamu Dlomu, KPMG CEO
In the international report, it is reported that international don't find any clear evidence or any criminal intent, this is why it is so important to have an independent inquiry that will look at all the other evidence that the international team might not have looked at...— Nhlamu Dlomu, KPMG CEO
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