Financial Services Financial Services

KPMG settles UK liquidator’s legal claim over Carillion audits

By Martin Coyle
  • 17 Feb 2023 16:27
  • 17 Feb 2023 16:27
KPMG has settled a UK legal claim that it faced of up to 1.3 billion pounds ($1.6 billion) over its audit of construction group Carillion, which collapsed in 2018 with huge debts.
The auditing firm confirmed the settlement today in a statement, without revealing the terms.

“I am pleased

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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.

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