WorldCom prepares for court action as report attacks KPMG’s tax advice
US firm Kirkpatrick & Lockhart has written a sensational report that paves the way for WorldCom to sue its auditors KPMG. The report says KPMG gave improper tax advice to WorldCom, which will result in the bankrupt telecoms company repaying hundreds of millions of pounds in taxes, penalties and interest. It could also land KPMG […]