KPMG Accused in Suit of Misstating Qatar, Battersea Projects (1)

KPMG LLP was accused of not even trying to defend its alleged “negligent and misleading” audit work by the administrators of defunct UK contractor Carillion Plc. in a £1.3 billion ($1.6 billion) lawsuit.

The UK’s Official Receiver, acting on behalf of Carillion’s creditors, accused KPMG of failing to respond to allegations that it did not properly audit 20 major construction contacts, according to court documents filed Friday.

Two of these contracts were London’s Battersea Power Station development and Qatar’s Msheireb Downtown Doha, which Carillion said that KPMG misstated by £352 million in the year ending 2016, a spokesperson for the ...