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KPMG and a former partner have been fined and 'severely reprimanded'
The Financial Reporting Council (FRC) has sanctioned KPMG and former partner David Costley-Wood for their roles in the sale of bed manufacturer Silentnight.
Both KPMG and Costley-Wood have been "severely reprimanded"; KPMG has been fined £13m while Costley-Wood has been fined £500,000. Costley-Wood has also been excluded from membership of the Insti...
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