KPMG also plans to dismiss Jacques Wessels, the lead partner on audits of Gupta-linked firms, it said.
Future SA further called on KPMG to report all instances of money laundering, tax evasion, and infringements of South African law and regulations they had discovered in their review to law enforcement authorities and regulatory bodies as required under the law, especially the Prevention and Combatting of Corruption Act (PRECCA), the Financial Intelligence Centre Act (FICA), and the Public Finance Management Act (PFMA) and make the reports of their review public.
She said: "I want to apologise to the public, our people and clients for the failings that have been identified by the investigation". Its lightest sanction is a caution or reprimand; the heaviest would be removal from the auditors' register, which would have a devastating impact on KPMG's African business.
"Over time, the full measure of the damage caused to Sars arising from the KPMG report has manifested itself in a tarnished reputation for the institution, questionable independence, and lower levels of compliance with tax and customs law".
Brothers Ajay, Atul and Rajesh Gupta have interests in computer, mining, media, travel, energy and technology and employ around 10,000 people through their company Sahara Group.
The turmoil at KPMG follows the placing into administration of the British arm of Bell Pottinger on Tuesday, after clients deserted it because of a backlash over a racially charged political campaign it ran for the Guptas.
The others include consultancy firm‚ McKinsey‚ business systems company‚ SAP and disgraced United Kingdom public relations firm‚ Bell Pottinger.
McKinsey is carrying out its own investigation, but has denied wrong-doing.
The Huygens lander separated from Cassini and plopped down on the surface of Saturn's moon Titan shortly after the arrival. It's hard to say goodbye, not only for the entire Cassini team, but everyone who looks up at Saturn in the night sky.
However, that means that all three central midfield options are on the field. "He needs time to recover", Conte said. We have to try to think only to play the game. "I think Arsenal is one of the six top teams in England".
The remarks made by the Iranian officials followed Trump blaming Iran for not fulfilling the deal's " spirit ". The other signatories of the Iran nuclear pact are Russia, China, the United Kingdom, France, and Germany.
A report about the incident was made on September 13 after which a case was registered by the police and the woman was arrested . He alleged that the vehicle was being driven in a zig-zag manner and Kalra refused to give them way.
The State of Food Security and Nutrition in the World , 2017 - says that malnutrition is threatening millions across the globe. Houngbo, IFAD President; Anthony Lake, UNICEF Executive Director, and Tedros Adhanom Ghebreyesus, WHO Director-General.
A friend of Muñoz says the film industry veteran drove out to photograph areas for season 4 scouting when he was last seen alive. His resume includes Mel Gibson's Apocalypto and Specter , the latest James Bond film that begins in the Mexico city of Zocalo.
All that can really be said at this point is stay tuned, because this year's rollercoaster in Minnesota is just getting started. The Vikings gave Sloter $20,000 per week to get him on the practice squad after the Broncos released him.
Because of the plea, jurors on Friday were examining only whether she was legally responsible because of mental illness. They noted Weier didn't clearly tell anyone she was afraid of Slender Man until after the stabbing.
Texas A&M QB Jake Hubenak to Miss UL-Lafayette Game
Seems like it's just another week in College Station, we'll continue to monitor the situation to see if it improves. In the last four years (which includes the last year of the Manziel era), the Aggies are 15-17 in conference play.
Sung Hyun Park rides Evian luck as Katherine Kirk starts well
Park was strong on the front nine, but she seemed to get better as the round went on, playing her final nine holes at six-under. Jessica Korda of the United States and Women's British Open victor In-Kyung Kim were a further shot back on 4 under.
NY Gov. Cuomo surveys damage in US Virgin Islands
Thomas to help with security on the island. "God forbid, something happens in NY , we'll have them on the first aircraft back". Cuomo surveyed damage from the air before touring a damaged apartment building and meeting with Virgin Islands Gov.
Five dead in Florida nursing home
The outages range from the coast to far inland cities such as Charlotte and Asheville in North Carolina and Greenville in SC . In Hollywood , the Rehabilitation Center said the hurricane had knocked out a transformer that powered the air conditioning.