File: A former partner at KPMG Sipho Malaba is named in Advocate Terry Motau’s report, as having covered up the looting of VBS.
JOHANNESBURG - The controversy involving embattled auditing firm KPMG and the Gupta family continues.
Leaked emails suggest KPMG helped the Guptas launder money.
News24 is reporting about three suspicious deals.
It says at least two transactions were used as a cover to bring dirty money home.
READ: SAICA starts KPMG probe
The money allegedly originated from Transnet and the provincial government.
The report says suspicious foreign entities paid millions for shares in local shell companies.
In September, a number of KPMG executives resigned over audits involving Gupta businesses.