RE: Macrock and Robottrading9 May 2018 16:23
I too have received no response from Serous Fraud Office to my approach made over 20 days ago .
See below extracts from email response from KPMG .
No response from Conviviality ; no response from Investec
No response from Daily Telegraph .
Will keep posted on any further responses
You will understand that, when an auditor reports on the financial statements of a company, that auditor has certain well defined responsibilities in law and as a matter of professional obligation. In particular, his responsibility is to make his independent auditor�s report to the company�s members as a body, in accordance with the Companies Act or 2006. An auditor does not accept or assume responsibility to anyone other than the company and the company�s members as a body, for his audit work, his audit report, or for the opinions the auditor has formed. Auditors do not report to each shareholder individually and cannot accept responsibility for the investment decisions that an individual shareholder might make.
Accordingly, as Conviviality�s auditors we owed a duty of care to Conviviality and to Conviviality�s members as a body, and not to each shareholder individually. As such, KPMG will not be able to provide you with the information you seek and your questions should be directed the company.
I feel that I must however address your allegation that KPMG has participated, unwittingly or otherwise, in a fraud. This is a very serious allegation. For the avoidance of all doubt KPMG had no involvement in any �fraud� and we do not have access to any information that would enable us to confirm or deny your allegation.