Old Mutual appoints Deloitte as joint auditor in a blow to scandal-hit KPMG
Old Mutual appoints Deloitte as joint auditor in a blow to scandal-hit KPMG. JOHANNESBURG - South African insurer Old Mutual has appointed Deloitte as joint auditor alongside scandal-hit KPMG, it said on Thursday, an unusual move reflecting what it said were unresolved challenges related to its sole auditor for nearly two decades. KPMG’s South African unit is battling to restore its reputation after becoming entangled in a corruption scandal involving the Gupta family, who have been accused of using their links with former President Jacob Zuma to amass wealth. “Old Mutual has been continuously engaging with KPMG International and KPMG South Africa on concerns regarding the ongoing challenges raised in their South Africa business,” Old Mutual said.