Global audit firm that served as external auditor of Steinhoff International for years but failed to detect the EUR 6.5 billion accounting fraud. Faced lawsuits from investors alleging negligence in the audit function.
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R200.0 billion
Total financial exposure
Global audit firm that served as external auditor of Steinhoff International for years but failed to detect the EUR 6.5 billion accounting fraud. Faced lawsuits from investors alleging negligence in the audit function.