Published On: Fri, Mar 18th, 2016

KPMG: “There is no connection between us and Corallo as suggested by Dutch MPs”

KPMG-Dutch-Caribbean-CuracaoWILLEMSTAD - KPMG Dutch Caribbean (DC KPMG) regrets that the Dutch MPs Van Raak and Bosman have not contacted their firm before submitting their parliamentary questions.

In a public statement, KPMG says; “Because of all the attention we feel compelled by these parliamentary questions to come up with a public statement.”

“DC KPMG is the auditor of the telecommunications company UTS. The suggested link between UTS and KPMG on the one hand and Robbie's Lotteries and Francesco Corallo on the other hand does not exist. KPMG DC today, following the interview of Mr Bosman Radio Direct, took note for the first time of the statement made by Mr. Corallo in the Dutch newspaper Volkskrant.

Mr. Corallo made this statement on September 15, 2015 and announced in this interview that his books are audited by KPMG. This information is incorrect. The audit by KPMG DC referred to by Mr. Corallo in this interview, was at a company affiliated with him in St. Maarten and has been formally terminated in early 2015.

In previous years, KPMG DC did not do any audits at any of Corallo's businesses. About the background of the termination, KPMG DC stated; “We will not make any statements, other than that the termination came about on our initiative.”

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