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CAPE TOWN - KPMG has allegedly approved three more Gupta deals where foreign companies scored millions for shares in local companies. 

On Monday, Amabhungane and Scorpio said it regarded this as a swift move of bringing back money laundering in South Africa.

The Worlds Window, an Indian scrap metal and logistics group reportedly paid Oakbay R60.5-million back in 2010. The same entry was entered into Oakbay's financials every year since 2011 to 2014, the HuffPost reported.

It is believed that Worlds Window was buying minority stakes in two dormant Oakbay subsidiaries which had access to coal prospecting rights in KwaZulu-Natal. 

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AmaBhungane and Scorpio met a senior official at Worlds Window who revealed that Worlds Window intended to sue the Guptas, as it appeared as if the Guptas had issued shares to the company and shown it as an advance in their financials.

Reports also indicate that KPMG had enough evidence to see that something was wrong as the deals appeared to be fake.

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According to Fin24, KPMG has denied that it facilitated corruption. The auditing firm reportedly said that it was taking responsibility and will comply with all our reporting obligations. However the firm declined to comment on the specific transactions.

In September, South African Revenue Service's boss Tom Moyane said that SARS will be instituting legal proceedings against KPMG for reputational damage.