"KPMG Canada has thoroughly considered and refuted any connection between KPMG Canada and the sword companies," Gelowitz, KPMG's lawyer, said in a recent letter to CBC. KPMG said it has searched its internal records and found no references to any involvement in the sword companies. She answered that it was "KPMG in Canada" and then said, in writing, how the KPMG Canada scheme worked. Sword companies similar to KPMG companiesRizqy said additional documentation obtained by CBC/Radio-Canada from the Isle of Man's public registry also shows numerous other similarities between the KPMG Canada's scheme and the sword companies. Rizqy said that in her opinion it is "highly unlikely" that the sword companies were not connected in any way to KPMG.

Source: CBC News April 27, 2021 07:52 UTC