VEB vuole inchiesta ruolo KPMG in SNS
The Association (VEB) is angry about the nationalization of SNS. The VEB is considering legal action to sue. The association investigates take all legal options, such as a corridor to the Enterprise or appeal against nationalization. VEB also speaks openly doubts about statements by KPMG, the auditors of SNS.
VEB : "New information on SNS raises doubts about previous statements of the group and its auditor KPMG. The VEB wonders whether SNS - approved by KPMG - in the past deliberately tried to hurt the future to advance, hoping that future profits would be sufficient to compensate for the impairments. Sijbrand director Jan De Nederlandsche Bank said that already the end of 2011 it was clear that SNS "no longer able could be deemed to own its financial position sufficiently up to standard." This is in sharp contrast with statements of SNS during the meeting with shareholders in the spring of 2012. The problems in the real estate branch were then by SNS directors and auditors KPMG as much smaller than suggested now comes out. This cries out for explanation under oath of parties. "