Catherine Murphy to step up pressure on KPMG

Independent TD Catherine Murphy says she plans to increase pressure on KPMG Ireland to step away from the inquiry into the Irish Bank Resolution Corporation by submitting a complaint to the firm’s global bosses.

She said she will take the action if the Government fails to amend its review into the liquidated bank in the coming days. She said the furore over reporting rights and Oireachtas privilege was now distracting attention from what she said were the conflicts of interest of having KPMG Ireland effectively investigate its own dealings into IBRC.

KPMG Ireland appears to be breaking KPMG International’s own “global code of conduct” with its involvement in a politically controversial review over such public importance, said Ms Murphy.