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Legal News

: International and UK Law

KPMG to pay £1.6m on Independent Insurance audit failure

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KPMG and one of its accountants have been handed a combined fine of £500,000 and a public rebuke for their role in the downfall of Independent Insurance, the former FTSE 100 darling whose fraud-riddled collapse caused more than 1,000 job losses.

Full post as published by International and UK Law on June 25, 2008 (boomark / email).

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