Market Samachar

King & King audit firm sanctioned after “serious, numerous, and pervasive” breaches surrounding GFG Alliance’s suspicious accounts — Trade Finance Global

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The FRC has sanctioned London audit firm King & King and senior partner Milankumar Patel, imposing fines and bans. This follows an investigation into four audits of GFG Alliance subsidiaries, revealing "serious, numerous, and pervasive" breaches. The firm's misconduct pertains…

• King & King sanctioned by FRC
• Serious audit breaches found
• GFG Alliance accounts involved

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