Imperial to dump KPMG

Picture: @KPMG/Twitter

Imperial Holdings will cut ties with disgraced auditing company KPMG if investigations initiated by the Independent Regulatory Board of Auditors and the SA Institute of Chartered Accountants provided inadequate explanations of KPMG’s role in “state capture”.

KPMG provides services to Imperial amounting to R13 million per year.

The Money Show’s Bruce Whitfield interviewed Imperial Holdings CEO Mark Lamberti.

Listen to the interview in the audio below (and/or scroll down for quotes from it).

It’s embarrassing… Nothing from our prosecuting authorities!

Mark Lamberti, Imperial Holdings

What concerns us is the Sars report… It should’ve been scrutinised, in my view, by KPMG international…

Mark Lamberti, Imperial Holdings

Everyone must think twice before using KPMG.

Mark Lamberti, Imperial Holdings

This article first appeared on 702 : Imperial to dump KPMG


Recommended

by NEWSROOM AI
Read More
2 red-hot JSE-listed shares to buy, right now (by Ashburton)

2 red-hot JSE-listed shares to buy, right now (by Ashburton)

The Money Show’s Bruce Whitfield interviews Suvasha Kander, a Fund Manager at Ashburton.

Let us do something unusual which will annoy the establishment – Tito Mboweni

Let us do something unusual which will annoy the establishment – Tito Mboweni

Bruce Whitfield asks Kevin Lings (Chief Economist at Stanlib Asset Management) for a preview of next week’s "mini-budget".

Ramaphosa sets cut-off date for plan to fix collapsing public healthcare system

Ramaphosa sets cut-off date for plan to fix collapsing public healthcare system

The Money Show’s Bruce Whitfield interviews Dr Nicholas Burger, a Healthcare Consultant at Frost & Sullivan.

Hillary and Bill Clinton, Caster Semenya at Joburg's Discovery Leadership Summit

Hillary and Bill Clinton, Caster Semenya at Joburg's Discovery Leadership Summit

The Money Show’s Bruce Whitfield interviews Jim O'Neill, a former chairperson at Goldman Sachs Asset Management.

How to have a good day

How to have a good day

Forbes and Inc. call “How to Have a Good Day” a “top must-read business book”. Bruce Whitfield interviews author Caroline Webb.

'I’ve never invested in the stock exchange. I know it too well'

'I’ve never invested in the stock exchange. I know it too well'

Bruce Whitfield interviews Prof Lorenzo Fioramonti (UP) about his attitude toward money (hopes, fears, successes, failures, etc.).

Popular articles
'I’ve never invested in the stock exchange. I know it too well'

'I’ve never invested in the stock exchange. I know it too well'

Bruce Whitfield interviews Prof Lorenzo Fioramonti (UP) about his attitude toward money (hopes, fears, successes, failures, etc.).

[LISTEN] Painting worth MILLIONS missing from Magashule's old office

[LISTEN] Painting worth MILLIONS missing from Magashule's old office

Investigative journalist, Pieter-Louis Myburgh says the artwork, owned by the Free State government, is worth between R6m and R8m.

CT council to decide on charging De Lille following new forensic report

CT council to decide on charging De Lille following new forensic report

The Bowman Gilfillan report, yet to be made public, found that De Lille allegedly failed to report tender corruption to council.

Judge in Omotoso case dismisses defence application to recuse himself

Judge in Omotoso case dismisses defence application to recuse himself

Judge Mandela Makaula has dismissed the defence application saying it has no merit.

Lebelo's lawyer refuses to give evidence at Nugent Commission

Lebelo's lawyer refuses to give evidence at Nugent Commission

EWN Reporter Barry Bateman gives the latest on what is happening at the Nugent Commission of Inquiry into Sars.