Major Accountancy Firm Pays Penalty for Collaborating with Client who Paid Huge Bribes in Saudi Arabia

The major accountancy firm KPMG has paid a penalty of 7 million Euro to the Dutch government, as it has collaborated in hiding hundreds of millions of dollars in bribes by their client Ballast Nedam. The building firm has paid these bribes to Saudi Arabians for contracts carried out in the country. www.bnr.nl/nieuws/beurs/964574-1312/7-miljoen-euro-boete-voor-kpmg