Backbench Business - Whistleblowingbackbench Business

Part of the debate – in the House of Commons at 4:50 pm on 3rd July 2019.

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Photo of Kevin Hollinrake Kevin Hollinrake Conservative, Thirsk and Malton 4:50 pm, 3rd July 2019

I think this is about KPMG’s audit of HBOS in 2008, which was signed off a few months before HBOS went bust, despite the fact that the risks to that business were clear. The FRC then gave KPMG a clean bill of health. There was the revolving door between the FRC and the auditors as well. It is a very big concern, which I know my hon. Friend has raised in his Select Committee work.