KPMG chiefs in South Africa quit amid Bell Pottinger scandal - News Summed Up

KPMG chiefs in South Africa quit amid Bell Pottinger scandal


The Guptas have been accused of benefiting financially from their close links to the South African president, Jacob Zuma, whose son Duduzane has been a director at several Gupta-owned companies. KPMG South Africa audited Gupta-owned firms for 15 years until March 2016, when it resigned the contract. Q&A What was Bell Pottinger doing in South Africa? Bell Pottinger, which created and commissioned content​, did not invent​ 'white monopoly capital' but used the ​term 'on occasion'​. Kerzner owns a possible 15% stake in Bell Pottinger, making her one of its biggest shareholders after Henderson, who owned about 20% at the time of its collapse on Tuesday.


Source: The Guardian September 15, 2017 12:21 UTC



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