KPMG death knell: UK tax experts boycott firm – FT

EDINBURGH — KPMG bosses have failed to grasp the enormity of their sins when it comes to facilitating corruption and tax avoidance. Although the KPMG name appears with increasing frequency in the headlines in connection with accounting scandals, the Big Four firm continues as though it is business as usual. A decision by KPMG to put on a festival of tax emphasising fair tax is a flag that KPMG bosses think the wider business population will continue to be duped by their marketing spin. – Jackie Cameron

By Thulasizwe Sithole

KPMG bosses sneered at South Africans when the firm was exposed for courting the Gupta family and helping them to siphon funds out of tax coffers. Later, KPMG offered a limp apology for its role in the state capture political scandal before switching its CEO and continuing 'business as usual'.

However, slowly but surely the screws are tightening on the firm because of its role in corruption, just as happened to Bell Pottinger – the London-headquartered public relations firm that, like KPMG, was generating juicy fees through their friends, the Guptas.

In South Africa, KPMG has lost corporate clients following an outcry over the company's complacency about unethical behaviour.

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