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KPMG fined £4.3m over ‘serious lack of competence’ in Conviviality audit
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KPMG has been fined £4.3m over failings during its audits of alcohol retailer Conviviality. One of its former partners has also been fined £110,000.
AIM-listed Conviviality was the UK’s largest independent drinks distribution business at the time of the audits, running brands such as Bargain Booze and Wine Rack.
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