All Gupta family articles

  • Blog

    What will be the cost to KPMG for South Africa failures?


    The unraveling of KPMG in South Africa drives home a key point for any company that has done business in the country during the Zuma presidency.

  • Blog

    Safeguarding HSBC against Zupta


    HSBC’s new anti-money laundering (AML) and sanctions policies are due to be in place by the end of the year, but what form of compliance or enforcement will they take?

  • Article

    South Africa Gupta saga: A long list of compliance failures


    Corruption allegations in South Africa have entangled some major international companies, highlighting due diligence, risk management, compliance, and audit control failures.

  • Blog

    KPMG makes leadership, governance changes following internal investigation


    KPMG International has taken several significant actions—including leadership changes, governance changes, and enhanced quality control procedures in certain areas—following an internal investigation concerning KPMG South Africa’s work on behalf of the politically connected Gupta family.

  • Blog

    Is a country sweep coming to South Africa?


    The recent corruption scandal to focus on McKinsey & Co., SAP, and KMPG in South Africa has driven home a truism that many in the compliance space have known for some time: South Africa is one of the most corrupt countries on earth. For U.S. and U.K. companies doing business ...