Judge Strikes Out Claim Against KPMG
A CLAIM that KPMG acted unlawfully as auditors of Conwy County Council has been thrown out by a judge.
Judge Milwyn Jarman QC rejected claims by businessman Steve Hunt that Ian Denzil Pennington, a director for Conwy County Council's auditors KPMG, had acted unlawfully in allowing council tax payers' money to be spent repairing the pier in 2009-10, Welsh news site The Daily Postreports.
Hunt claimed that repairing the pier was the responsibility of administrators Royce Peeling Green.
However, the judge found Hunt had not received correspondence from KPMG, nor had he been on Conwy's electoral register, as required, at the given time.
"I am satisfied that Mr Pennington has shown that the statement of case shows no reasonable grounds for a case against him," The Daily Postquotes Jarman as saying.
KPMG's barrister Hugh Derbyshire initially asked for costs of £19,543.04 from Hunt. This figure was reduced to £12,000.
- South Korean Financial Regulator Accused Samsung BioLogics of Accounting Violations
- ACCA Publishes Report on Emotional Intelligence Important for Accountants to Survive in the Modern Workplace
- SEC Urges Companies to Focus on Employing Better Accounting and Audit controls against Cyber Threats
- Uncertainty Surrounding Brexit Results in Drop of Confidence in the UK Economy
- Companies not in Support of the Idea of Workers on Boards
- BDO Reports 8.5% Increase in Revenue
- Company Bosses Jailed for Tax Fraud