KPMG facing £1.3bn lawsuit over Carillion audits

By Jordan Marshall2022-02-07T07:00:00

Claim includes amounts paid out in dividends, advisory fees and losses incurred while the contractor was trading

KPMG is being sued for up to £1.3bn for its role as Carillion’s auditor in the lead up to the contractor’s collapse.

In legal action launched by the Official Receiver on behalf of creditors, it is alleged KPMG failed in its duties as auditor to spot misstatements in Carillion’s accounts.

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