Skip to content

KPMG Says It Misled U.K. Audit Watchdog Over Carillion Work

  • Disciplinary tribunal accuses ex-employees of dishonesty
  • KPMG self-reported the misconduct, triggering FRC probe
KPMG offices in the Canary Wharf business and shopping district of London.

KPMG offices in the Canary Wharf business and shopping district of London.

Photographer: Simon Dawson/Bloomberg

KPMG LLP said it misled the U.K. audit watchdog over major work it carried out for collapsed Carillion Plc and data services company Regenersis. 

Six former employers at the auditing giant are accused by the Financial Reporting Council of acting “with a lack of integrity in dishonestly or recklessly misleading the regulator,” on the first day of a five-week London disciplinary tribunal Monday.