Sunday, March 16, 2014

KPMG in Reebok chargesheet, auditor denies charges

In its chargesheet filed with the special magistrate on economic offences in Gurgaon, the Serious Fraud Investigation Office (SFIO) has named Reebok India’s statutory auditor — N Narasimhan & Co — and KPMG India and its affiliate auditing arm BSR & Co, along with its sacked top executives Subhinder Singh Prem and Vishnu Bhagat, for fudging and fabricating accounts of the company.


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