South Africa’s central bank tells lenders KPMG “too big to fail”: sources
By Tiisetso Motsoeneng JOHANNESBURG (Reuters) – South Africa’s central bank has told top lenders they cannot fire auditor KPMG, entangled in a scandal involving friends of President Jacob Zuma, because it might undermine financial stability, two sources with knowledge of the matter said. KPMG sacked its South African leadership two weeks ago after it found […]
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