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South Africa's parliament cuts ties with auditor KPMG
September 27, 2017 / 3:51 PM / 21 days ago

South Africa's parliament cuts ties with auditor KPMG

JOHANNESBURG, Sept 27 (Reuters) - South Africa’s parliament said on Wednesday it has terminated its contract with KPMG, citing reputational risks after the global auditor was caught up in a scandal involving business friends of President Jacob Zuma.

Parliament said this termination includes a contract KPMG has with a medical aid scheme for Members of Parliament.

KPMG cleared out its South African leadership en masse this month after damning findings from an internal investigation into the Guptas, accused by a public watchdog of improperly influencing government contracts. (Reporting by Olivia Kumwenda-Mtambo; Editing by Joe Brock)

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