kpmg south africa ceo promises reform after gupta scandal
Sunday 6 April 2025
Last Updated : GMT 09:40:38
Themuslimchronicle, themuslimchronicle

KPMG South Africa CEO promises reform after Gupta scandal

Themuslimchronicle, themuslimchronicle

Themuslimchronicle, themuslimchronicleKPMG South Africa CEO promises reform after Gupta scandal

I have personally been greatly disappointed by how far we have fallen short of the standards we set ourselves
Cape Town - Muslimchronicle

KPMG’s new chief executive in South Africa said on Thursday she would make sweeping changes to ensure the firm did not repeat “greatly disappointing” work it did for business friends of President Jacob Zuma.
Nhlamu Dlomu, who took up the top job in South Africa after most of the local board was sacked last month, said an announcement would be made in the coming days about an independent inquiry into its work at firms owned by the Guptas – three Indian-born businessmen with close ties to Zuma.
“I have personally been greatly disappointed by how far we have fallen short of the standards we set ourselves,” Dlomu told parliament’s committee of public accounts.
“I am determined that these mistakes do not happen again, which is why we have already made a number of changes. I am leading other reforms.”
Dlomu said any person found by the investigation to have failed to do their job would be held accountable. She said the changes would also strengthen governance and ensure decision-making was more centralized.
KPMG has been dropped by at least three companies listed in Johannesburg. Big banks such as Barclays Africa and Standard Bank are also considering whether they should drop the firm.
KPMG is under investigation by South Africa’s Independent Regulatory Board for Auditors. Dlomu said it was cooperating with the probe and has handed over requested documents.
Several other global firms have faced problems due to their work for the Gupta brothers including business consultancy McKinsey and public relations agency Bell Pottinger.

Source:Arabnews

 

themuslimchronicle
themuslimchronicle

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

kpmg south africa ceo promises reform after gupta scandal kpmg south africa ceo promises reform after gupta scandal

 



Themuslimchronicle, themuslimchronicle

GMT 07:47 2017 Wednesday ,20 September

Israel sees benefits in independent Kurdistan

GMT 06:12 2012 Saturday ,07 January

Henry rejoins Arsenal

GMT 03:59 2012 Wednesday ,06 June

Sherine working on Khaleeji album

GMT 18:13 2011 Thursday ,16 June

Open-air opera has returned simpl

GMT 12:39 2011 Monday ,25 July

Singer’s cousin is jailed for robbery

GMT 09:23 2011 Monday ,21 November

Syria: unprecedented isolation

GMT 18:46 2012 Wednesday ,29 February

The President wants to conquer space

GMT 05:33 2016 Friday ,09 September

Petrobras to sponsor Rio Paralympics

GMT 13:03 2011 Saturday ,24 September

Rio opens world\'s biggest music festival

GMT 15:14 2015 Sunday ,29 March

Sudan denies closing Iranian embassy in Khartoum

GMT 21:00 2012 Wednesday ,09 May

Libya police end Agoco protest, secure offices

GMT 15:28 2012 Saturday ,04 August

Our government if fighting corruption

GMT 06:37 2017 Tuesday ,11 April

Information Ministry, Tamkeen sign agreement

GMT 18:02 2017 Monday ,13 February

Settlers Continue to Storm Al-Aqsa Mosque

GMT 07:24 2017 Sunday ,31 December

Turkey rages after 'coup' officer granted asylum

GMT 15:50 2017 Wednesday ,09 August

US nuclear arsenal 'more powerful than ever

GMT 18:12 2016 Tuesday ,06 December

ANB wins Most Sustainable Bank 2016 award
Themuslimchronicle, themuslimchronicle
Themuslimchronicle, themuslimchronicle
 
 Themuslimchronicle Facebook,themuslimchronicle facebook  Themuslimchronicle Twitter,themuslimchronicle twitter Themuslimchronicle Rss,themuslimchronicle rss  Themuslimchronicle Youtube,themuslimchronicle youtube  Themuslimchronicle Youtube,themuslimchronicle youtube

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©

muslimchronicle muslimchronicle muslimchronicle muslimchronicle
themuslimchronicle themuslimchronicle themuslimchronicle
themuslimchronicle
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
themuslimchronicle, themuslimchronicle, themuslimchronicle