KPMG Keeps $653 Million in Federal Contracts Despite Scandal

KPMG, a major accounting firm, is facing a scandal. Despite the controversy, it continues to hold federal contracts

KPMG, a major accounting firm, is facing a scandal. Despite the controversy, it continues to hold federal contracts worth $653 million. The contracts are federal in nature. The retention shows continued reliance on KPMG's services. Critics argue the scandal raises concerns about oversight. Officials say the contracts will be reviewed. The case underscores challenges in procurement. Watch for any future changes to the contracts.