KPMG misstated value of contracts by £352m in Carillion audit, claims liquidator as legal suit rolls on

By Daniel Gayne2022-11-29T10:29:00

Auditor insists £1.3bn claim brought by Official Receiver on behalf of creditors ‘without merit’

Auditor KPMG misstated the value of two building contracts by £352m, Carillion’s liquidator has claimed in documents filed as part of an ongoing £1.3bn claim on behalf of the doomed contractor’s creditors.

Carillion was the UK’s second biggest contractor, working on 420 public sector contracts when it collapsed nearly five years ago leaving £7bn of debts.

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