KPMG sued for $1.8 bln over Carillion audit

Carillion

03/02/2022 15:05

LONDON, Feb 3 (Reuters) - A British government receiver is
suing KPMG for 1.3 billion pounds ($1.77 billion) over alleged
negligence during its audit of collapsed construction giant
Carillion, in one of the largest claims against one of the
world's top accountants.
    The professional negligence claim was filed by Britain's
Official Receiver - part of the Insolvency Service - who is
liquidating the former blue-chip government supplier, that
collapsed in 2018 under a 7 billion pound debt mountain.
    Details of the lawsuit were made public on Thursday.
    ($1 = 0.7357 pounds)

 (Reporting by Kirstin Ridley; Editing by Alex Richardson)
 ((kirstin.ridley@thomsonreuters.com; +44 (0) 207 513 5666;))