LONDON (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)
