January 17, 2018 / 7:17 AM / 3 months ago

Scandal-hit KPMG South Africa appoints new chairman

JOHANNESBURG (Reuters) - The South African arm of global audit firm KPMG [KPMG.UL] said on Wednesday it had appointed veteran public servant and former chairman of the Development Bank of Southern Africa Wiseman Nkuhlu as its chairman.

FILE PHOTO: The KPMG logo is seen at the company's head offices in Parktown, Johannesburg, South Africa, September 15, 2017. REUTERS/Siphiwe Sibeko/File Photo

KPMG sacked its South African leadership in September after it found work done for companies owned by the Gupta family, accused by a public watchdog of improperly influencing government contracts, “fell considerably short” of its standards. [nL5N1LW2CC]

The Guptas, who are close to President Jacob Zuma, have consistently denied wrong-doing.

Reporting by Ed Stoddard; Editing by Mfuneko Toyana

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