Re:1.1.1.1: Fast, privacy-first consumer DNS service
by fjsolwmv on Sunday April 01, 2018 @05:57PM
(#16730721)
Auditors are never "independent". They work for someone. If that someone is government or a client, great. If the auditor works for management, maybe OK for finding employee malfeasance, but no good for management malfeasance.
And of course, like tests, no audit can prove correctness, only can find flaws.
1. They looked the other way when 100+ million of public money was laundered out of South Africa.
2. The scheme literally stole money destined to uplift poor rural communities
3. To top it off, a portion of the money was used to write of an extravagant wedding as a business expense.
4. When a junior auditor raised his concerns about the audit he was shut down.
http://amabhungane.co.za/article/2017-06-29-guptaleaks-the-d...
http://amabhungane.co.za/article/2017-06-30-guptaleaks-the-d...
http://amabhungane.co.za/article/2017-11-26-guptaleaks-kpmg-...
6. They put out false reports that were partly used as motivation to get rid of ministers fighting corruption.
https://www.timeslive.co.za/politics/2017-09-15-kpmg-cans-sa...
KPMG were not the only multinational firm that were complicit in fleecing the South African tax payer of billions. See
Mckinsey:
http://amabhungane.co.za/article/2017-09-14-how-mckinsey-and...
SAP: http://amabhungane.co.za/article/2017-07-24-guptaleaks-anoth...
T-systems:
http://amabhungane.co.za/article/2017-11-14-exclusive-gupta-...