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Quindell auditor slapped with £4.5m fine over misconduct

audit-blocks

KPMG has been handed a £4.5m fine as a result of its audit of controversial insurance services firm Quindell.

In addition, the auditor responsible, William Smith, received a fine of £120,000 from watchdog the Financial Reporting Council.

The fines relate to auditing of financial statements of Quindell, now

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