African Rainbow Minerals is concerned by KPMG’s governance and ethics compliance as well as allegations regarding the lawfulness of KPMG’s conduct.

The ethics, governance and quality of the South African auditing firms have been globally respected for many years.

“It is extremely important that the behaviour and conduct African Rainbow Minerals auditing firms continues to justify the respect, trust and confidence that they have earned,” highlights a statement released by the company.

“After careful consideration, African Rainbow Minerals has decided to terminate its relationship with KPMG.”

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