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Britain’s accounting watchdog is investigating KPMG over its auditing of Ladbrokes owner Entain.
The Financial Reporting Council said on Monday that it had launched a probe into KPMG’s audit of Entain’s 2022 accounts.
Entain, which also owns the Coral and Bwin brands, agreed with the Crown Prosecution Service in 2023 to pay £615mn after a years-long probe into allegations of bribery between 2011 and 2017 at its former Turkish unit.
That deal ended a corporate investigation by HM Revenue & Customs, but individual suspects were invited to enter into plea discussions with the CPS in October.
KPMG did not immediately respond to a request for comment.
This is a developing story
