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 had for 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.
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Credit: CNBC Africa