Financial Crime Financial Crime

KPMG faces GBP1.3 billion UK claim over Carillion auditing

By Martin Coyle and Fiona Maxwell
  • 03 Feb 2022 12:09
  • 03 Feb 2022 12:09
KPMG faces a London court claim of up to 1.3 billion pounds ($1.8 billion) over its auditing of UK construction group Carillion, which collapsed in 2018 with massive debts.
In a claim filed at the High Court today, Carillion's liquidators said the Big Four auditor had failed in its duty

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Martin Coyle

Senior Correspondent

Martin Coyle is a senior correspondent, based in MLex's London office, reporting daily on bribery and corruption issues in the UK and Europe. Previously he was a senior editor at Thomson Reuters where he covered anti-money laundering, financial crime and regulatory enforcement issues. Prior to that he was editor of The Accountant, the world's oldest accounting publication, and International Accounting Bulletin, a bi-monthly business journal owned by Lafferty.

Fiona Maxwell

Senior Correspondent

Fiona Maxwell is a financial services senior correspondent at MLex in London. She began her career as a reporter for, writing about EU post-crisis regulation, and later worked for POLITICO in Brussels, covering the intersect between financial policy and politics. Prior to joining MLex, Fiona worked at the Bank of England as a policy adviser in the prudential policy directorate.

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