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Reportsfiltering in suggest that, Nii Amanor Dodoo of KPMG, has been fired by his employers over some ethical issues regarding his receivership job for the Bank of Ghana (BoG) with respect to the commercial banks which the government consolidated in the name of restricting and boosting investors’ confidence in the banking sector.
Insiders have told The Herald that, Mr Dodoo, who had gone on retirement recently, but was offered a three year contract, got his engagement terminated by KPMG, after the organization discovered some irregularities in his work involving the consolidation of the commercial banks.
He is mentioned to have acted for the BoG and the government, against the owners and directors of the commercial banks, leaving KPGM prone to some legal liabilities.
Reports are that his entitlements have been frozen, however, the BoG, is still using him as a receiver. He is said to be operating on his own answerable only to BoG and Finance Ministry.
The Herald’s information is that, KPMG, had its attention drawn to the irregularities by its top officials in Nigeria with a warning that international organization which has a global network of professional firms providing Audit, Tax and Advisory services, could be embarrassed.
Following the heads up, KMPG, was said to have instituted some internal investigations, leading to the termination of Mr Dodoo’s contract.
Additional information available to The Herald is that, KPMG is currently withholding some benefits and emolument of Mr Dodoo.
Other sources have said that, KPMG, is afraid that some of the owners and directors of the consolidated commercial banks, could soon be dragging the company to court to respond to its conduct with respect to the consolidation of the Commercial Banks.