{"id":40164,"date":"2018-01-08T07:34:22","date_gmt":"2018-01-08T07:34:22","guid":{"rendered":"http:\/\/www.taxresearch.org.uk\/Blog\/?p=40164"},"modified":"2018-01-08T07:34:22","modified_gmt":"2018-01-08T07:34:22","slug":"kpmg-quits-grenfell-tower-inquiry","status":"publish","type":"post","link":"https:\/\/www.taxresearch.org.uk\/Blog\/2018\/01\/08\/kpmg-quits-grenfell-tower-inquiry\/","title":{"rendered":"KPMG quits Grenfell Tower inquiry"},"content":{"rendered":"<p>Some campaigns take a life time. Others yield quick results.<\/p>\n<p>I mentioned yesterday that I was one of the initial signatories to a letter <a href=\"http:\/\/www.taxresearch.org.uk\/Blog\/2018\/01\/07\/open-letter-re-kpmg-and-the-grenfell-tower-inquiry\/\" target=\"_blank\" rel=\"noopener\">demanding that KPMG cease<\/a> to be advisers to the Grenfell Tower inquiry because of their conflicts of interest. Last night, <a href=\"https:\/\/www.theguardian.com\/uk-news\/2018\/jan\/07\/grenfell-inquiry-cuts-ties-kpmg-following-complaints\" target=\"_blank\" rel=\"noopener\">as the Guardian reports<\/a>, they resigned:<\/p>\n<blockquote><p>The Grenfell Tower inquiry has cancelled its contract with auditors\u00a0<a class=\"u-underline\" href=\"https:\/\/www.theguardian.com\/business\/kpmg\" data-link-name=\"auto-linked-tag\" data-component=\"auto-linked-tag\">KPMG<\/a>\u00a0after concerns were raised over potential conflicts of interest.<\/p>\n<p>A statement released on Sunday night said the decision was taken after concerns were raised by \u201ccore participants\u201d. The news came hours after the firm was accused of a conflict of interest over its role advising the Grenfell inquiry, although it insisted there was none.<\/p>\n<p>More than 70 individuals and organisations, including MPs Clive Lewis and Emma Dent Coad, academics and campaigners, sent an open\u00a0<a class=\"u-underline\" href=\"https:\/\/researchforaction.uk\/open-letter-cancel-kpmg-appointment-as-advisors-to-grenfell-tower-inquiry\" data-link-name=\"in body link\">letter<\/a>\u00a0to the prime minister calling on her to cancel the appointment of auditors KPMG to assist with the Grenfell Tower inquiry.<\/p><\/blockquote>\n<p>This matters for three reasons. First, the Grenfell Tower inquiry deserved objective advice and it is not clear that it could get it from KPMG.<\/p>\n<p>Second, it matters because it reveals that KPMG, and the other Big 4 firms, are too big to avoid being riddled with conflicts of interest.<\/p>\n<p>Third, it suggests that the idea that all expertise lies in such firms is a myth that needs to be challenged.<\/p>\n<p>I welcome KPMG's resignation and applaud those who organised this letter.<\/p>\n<p>I also now hope that the inquiry gets the advice it needs.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Some campaigns take a life time. Others yield quick results. I mentioned yesterday that I was one of the initial signatories to a letter demanding<br \/><a class=\"moretag\" href=\"https:\/\/www.taxresearch.org.uk\/Blog\/2018\/01\/08\/kpmg-quits-grenfell-tower-inquiry\/\"><em> Read the full article&#8230;<\/em><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[67,101,23],"tags":[],"class_list":["post-40164","post","type-post","status-publish","format-standard","hentry","category-accountancy","category-big-4","category-kpmg"],"_links":{"self":[{"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/posts\/40164","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/comments?post=40164"}],"version-history":[{"count":0,"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/posts\/40164\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/media?parent=40164"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/categories?post=40164"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/tags?post=40164"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}