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Audit watchdog launches probes over Gupta-linked audits
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The UK’s audit regulator has launched probes into the audits by London accountants King & King of four companies founded by metals tycoon Sanjeev Gupta.
The Financial Reporting Council said it was investigating King & King’s audits of Liberty Speciality Steels Limited for the year ended 31 March 2019, Alvance British Aluminium for the year ended 31 March 2019, Liberty Steel Newport Limited for the year ended 31 March 2019, and Liberty Performance Steels Limited for the year ended 31 March 2020.
King...
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