New KPMG boss supports independent inquiry into firm's conduct
Nhlamu Dlomu says she’s committed to taking strong action against employees who bring the company into disrepute.
CAPE TOWN – KPMG’s new CEO Nhlamu Dlomu says she will support an independent inquiry into the auditing firm if it will restore public trust in the organisation.
The firm is appearing before Parliament’s Standing Committee on Public Accounts this morning to explain why it should continue to receive government work in light of the scandal over its Sars report into a so-called rogue unit.
KPMG does work for 222 organs of state with some 1,300 projects.
Dlomu told the committee that she’s committed to taking strong action against employees who bring the company into disrepute.
“Because we believe it’s important to rebuild public trust and to ensure that you, as a recipient of our services, can be rest assured that we’ll correct our mistakes.”
KPMG chairman Gary Pickering has confirmed that the nine partners removed from the auditing firm in the wake of the scandal over its Sars report were paid exit packages.
He told the committee that this was to speed up the process of getting rid of them.
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KPMG’s brand took a knock when it emerged that the firm’s former CEO Moses Kgosana attended a Gupta family wedding at Sun City in 2013.
The wedding was allegedly paid for with public money that was diverted from an agricultural project paid for by the Free State provincial government.
Since then there’s been a leadership shakeup at the firm’s South African operation.