Brief: KPMG Spokesperson Says Disappointed By Decision Of Downer To Commence Proceedings

DOWNER EDI

03/03/2024 21:49

March 4 (Reuters) - KPMG Spokesperson:
    * DISAPPOINTED BY DECISION OF DOWNER EDI TO COMMENCE
PROCEEDINGS
AND BRING CROSS-CLAIM AGAINST KPMG
    * INTEND TO DEFEND CLAIMS FILED BY DOWNER
    * CONTINUE TO HAVE HIGH DEGREE OF CONFIDENCE IN AUDIT WORK
PERFORMED
    * COMMENCEMENT OF PROCEEDINGS LEAVES KPMG WITH NO
ALTERNATIVE BUT
TO SEEK TO RESIGN AS AUDITOR OF DOWNER GROUP

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