Tag: KPMG

Orchestrated Disequilibrium

Qs & As

Profit-maximizing companies take advantage of loopholes at the expense of consumers and the exchequer. This is why auditors and regulations have been put in place to protect the

The FSC may consider diluting rules which increase market concentration in the hands of big companies. The more diverse the shareholding of the biggest companies, the more it

Interview: Dan Maraye, Former Governor – Bank of Mauritius — ‘The only way the BAI Group could have been salvaged would have been through a form of stimulus

Mauritius finds itself once again publicly in the condition of a place that has harboured some sort of a prolonged “mischief” in a key financial group of the

We had heard about ‘creative accounting’, a device used to conceal irregularities in accounting reports of sundry organizations, usually the larger ones. Now it seems that we will

The first move to deal with the BAI group was made by the Bank of Mauritius in early April this year, notably with the revocation of the licence