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Cape Town - Parliament has become the latest institution to cut ties with KPMG following its revelations on the Guptas and the SARS rogue unit report.

The institution announced on Wednesday that its medical aid scheme, Parmed, would cancel its contract with KPMG.

The scheme is chaired by Deputy Speaker Lechesa Tsenoli.

In another development Parliament said it was reviewing its other contract with the auditing firm.

Tsenoli said the decision to cut ties with KPMG for its medical scheme for MPs was taken based on the risk associated with the firm.

KPMG has launched its own investigation into its work with the Guptas and the SARS rogue unit report.

The firm withdrew its conclusions, findings and recommendations of the SARS report into the rogue unit.

Parliament’s spokesperson Moloto Mothapo said they were also reviewing the other contract with KPMG.

“With regard to another contract KPMG has with Parliament, which is aimed at reviewing the effectiveness of the Parliamentary Service, both parties are in discussion around the immediate termination of the contract,” said Mothapo.

Last week Finance Minister Malusi Gigaba ordered a review of the KPMG work across government.

The DA has also said it would review the work of the auditing firm in the 30 municipalities it governs.

Politics Bureau