Saturday, June 23, 2007

US concedes dismissal only remedy in KPMG tax case

(Reuters) - U.S. prosecutors conceded that dismissing charges against former KPMG partners involved in an alleged illegal tax-shelter scheme was the only way to address violations of their constitutional rights, according to a court filing on Saturday.

But prosecutors at the U.S. Attorney's office in Manhattan also said in the filing dated Friday that dismissal of the charges against at least four former partners of the accounting firm and two other defendants would not be appropriate, and that they did not agree with an earlier ruling in the case.


Read more at Reuters Africa

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