Why is it that the three main auditing firms in this country seem totally immune from the banking collapse and recession?
Sean Fitzpatrick tells Bank of Ireland that Anglo is insolvent in the same months the genuises in Ernest & Young give the bank a clean bill of health and declare a profit of €700 million.
PWC compile a report that puts the Anglo cost to the state at €4 billion. Wrong by about €30 billion.
KPMG were audiors to INBS while Fingers was on his rampage.
What penalty have those firms incurred? They have all been rewarded significant contracts to do with NAMA and the banking crisis. PWC have just recently been awarded another contract regarding the bank crisis. While the country has been made destitute these firms are literally making a fortune at the expense of the taxpayer.
While people are getting excercised over Ivors €3,000 in dodgy phone expenses these firms are charging staff out at this amount per DAY to provide 'advice' to the state. Any search of the banks advisors will find these three gangs involved intimately and yet they are now profiting in the aftermath. Its an obscenity.