KPMG hit with £250m lawsuit over botched Carillion audits

KPMG hit with £250m lawsuit over botched audits of collapsed construction giant Carillion By Daily Mail City & Finance Reporter Published: 21:50 BST, 19 May 2021 | Updated: 21:50 BST, 19 May 2021 KPMG faces a £250million lawsuit over its botched audits of collapsed construction giant Carillion. The Big Four accountant gave the firm a … Read more

Carillion bosses face a 15-year ban from managing firms

Carillion bosses face a 15-year ban from managing firms as new Business Secretary Kwasi Kwarteng makes a bold move Carillion went bust in January 2018 after racking up heavy debts  Those facing legal action include the former chairman and two chief executives The case could see them banned from managing firms between 2 and 15 years … Read more

Why Liverpool is STILL counting the cost of Carillion failure

Standing next to Liverpool’s flagship hospital, a £1.1billion replacement lies unfinished even as the city battles the pandemic. The new Royal Liverpool was meant to be opened in 2017 – but the 13-storey building is five years behind schedule. It has been branded a ‘monument to greed’ and is a towering reminder of construction giant … Read more

‘Reckless’ Carillion chiefs blasted by City watchdog

Former bosses of Carillion face potential fines and legal action by FCA after being accused of misleading investors before group’s collapse By Matt Oliver For The Daily Mail Published: 21:52 GMT, 13 November 2020 | Updated: 21:52 GMT, 13 November 2020 Former bosses of Carillion face potential fines and legal action by the City watchdog … Read more

KPMG comes under fire in Carillion audit probe

Watchdog indicates rule breaches over collapse: KPMG under fire in Carillion audit probe By Matt Oliver For The Daily Mail Published: 22:01 BST, 21 September 2020 | Updated: 22:01 BST, 21 September 2020 KPMG is in the firing line again after regulators delivered a critical report on its audits of Carillion before the construction group’s … Read more