Tag archives: KPMG

 KPMG faults Illovo Malawi in multibillion Kwacha fraud: Case adjourned

By Nyasa Times Reporter

The high profile civil case involving Illovo Sugar Malawi (ISM) resumed this week when one of the partners at KPGM, an international accountancy and audit firm, were grilled on audit report the company produced for the sugar manufacturer. On Tuesday, lawyer Davies Njobvu representing minority shareholder Prudential Holdings Ltd (PHL) – which dragged Illovo to […]

Read full story —  KPMG faults Illovo Malawi in multibillion Kwacha fraud: Case adjourned

KPMG audit reveals K200mil ‘cashgate’ at Malawi National Audit Office

By Nyasa Times Reporter

As Malawi is now becoming infamous as a nation of thieves in public offices, the giant private auditing firm KPMG has exposed that about K200 million of taxpayer money may have been mismanaged at the National Audit Office (NAO) through illegal allowances between 2011 and 2013. According to a report in The Nation newspaper of […]

Read full story — KPMG audit reveals K200mil ‘cashgate’ at Malawi National Audit Office