KPMG challenges proposed £15 million FRC fine over Silentnight pre-pack
Silentnight manufactures and sells beds in the UK (Credit: Shutterstock.com/GUNDAM_ai)
KPMG and its now-retired partner David Costley-Wood should not face “overly punitive” £15.5 million fines and sanctions for their conduct in the “historic” pre-pack sale of bedmaker Silentnight, South Square’s Mark Phillips QC has told a Financial Reporting Council disciplinary tribunal.
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