BaFin Says KMPG’s Adler Findings to Factor Into Accounts Probe

Germany’s financial markets regulator said findings by KPMG in an audit of Adler Group will feed into its own investigation of the real estate company’s accounts.

• BaFin’s probe has yet to conclude and it isn’t yet possible to say whether there were accounting violations at Adler Real Estate AG, a spokeswoman for the regulator said in response to questions from Bloomberg
• NOTE: Adler Says KPMG Questioned Deals, Found No Systemic Fraud (2)

To contact the reporter on this story:
Nicholas Comfort in Frankfurt at ncomfort1@bloomberg.net

To contact the editors responsible for this story:
Dale Crofts at dcrofts@bloomberg.net

Steven Arons ...