Scandal-prone bean counter KPMG warned it could be banned from applying for Government contracts

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KPMG may be banned from applying for government contracts after several scandals.

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The Big Four consultant was the third-largest winner of public contracts in the year to March, behind Deloitte and PwC, with works worth £244 million.

But in a letter to KPMG, the Cabinet Office warned of imposing sanctions on future malpractices.

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KPMG was the third biggest winner of public contracts in March after Deloitte and PwC, securing £244m of work.

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In October a tribunal found that KPMG had lied about the work it had done for mattress firm Silentnite.

The scandal was fined £13 million by the Financial Reporting Council. The letter outlines options including restrictions.

The Cabinet Office said: ‘We have been in touch with KPMG since the publication of the Tribunal report.’

KPMG is also involved in scandals at Carillion and Co-op Bank. Chief executive John Holt said he took the letter ‘very seriously’.

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