The government liquidator dealing with the fallout from the collapse of outsourcing firm Carillion is expected to make a claim for 250m against KPMG, the accounting firm that signed off on the former FTSE100 companys accounts.
Lawyers for the official receiver, part of the governments Insolvency Service, have sent a letter before action to KPMG, warning the accounting and consultancy firm to expect a claim related to Carillions rapid implosion in 2018.
The letter is a precursor to a full-blown lawsuit, likely to involve the Insolvency Service, alleging that KPMG did not examine Carillions accounts properly, failing to spot that it was presenting a much healthier financial picture of itself than the underlying reality.
The claim is expected …
Read the full article at: https://www.theguardian.com/business/2021/jun/23/carillion-collapse-liquidator-expected-to-make-250m-claim-against-kpmg
