KPMG has been linked to auditing the Gupta companies and provided auditing services to Tongaat Hulett which is currently placed under business rescue.
KPMG has signed a confidential settlement with VBS Mutual Bank
Open Secrets Investigative report into consultants’ roles in state capture: Luvano Ntuli
A new investigative report by Open Secrets highlights once more how consultants greased the wheels of state capture. Big-name global consultancies have been implicated in helping South Africans to capture State-Owned Enterprises to serve corrupt ends.
The Corporations and Economic Crime Report- The Consultants, Vol.3
In The Corporations and Economic Crime: The Consultants, Open Secrets profiles McKinsey & Company, Bain & Company,  and, the Boston Consulting Group (BCG). Three companies that occupy immensely influential seats at the tables of the world’s most powerful corporations and governments.
WEBINAR| Corporations and Economic Crime Report — The Consultants
Please join FM editor Rob Rose and the Open Secrets team for the launch of the The Consultants. We will be discussing the destructive power of BCG, McKinsey and Bain toSouth Africa, and what can be done to hold them to account.Â
SAfm | Mediated Conversation with Stephen Grootes: Deloitte Settlement
Mediated Conversation: auditing firm Deloitte had reached a settlement with the company Tongaat Hulette – over the massive auditing scandal at Tongaat.
Zondo: South African Airways, PwC can drag heels no longer
Open Secrets’ Michael Marchant reacts to the first part of the State Capture report, and the findings against PwC and Nkonki’s work at SAA.
Unaccountable Profile Series Special: The Auditors
Unaccountable Special: The Auditors 16 August 2021 | Mamello Mosiana The ‘Big Four’ audit firms – Deloitte, EY, KPMG and PwC – all play a systemic role in economic crimes and State Capture. The evidence suggests that these firms have prioritised profit over professional duties and the law. Accountability and reform of the industry are…
Unaccountable 00028: PwC and Nkonki- The auditors who clipped SAA’s wings
This profile is on PwC and Nkonki, the auditors that repeatedly gave SAA a clean bill of health while fraud and corruption soared.
Unaccountable 00027: Ernst & Young and the scam that cost Mozambique $2.2 billion
This profile is on PwC and Nkonki, the auditors that repeatedly gave SAA a clean bill of health while fraud and corruption soared.
Audit Failure: Our correspondence with Tongaat Hulett
Open Secrets correspondence with Tongaat Hulett regarding audit failure and fraud revealed in Tongaat’s 2018/2019 Annual Report.